Answer:
$48
Explanation:
A replacement indicates that the originally sold radio was scrapped and completely replaced. Therefore, the cost of the new radio should be debited to Product Warranty Expense and not 5% of the sales price.
Therefore, $48 would be debited to Product Warranty Expense in September.
If the radio had been repaired instead of completely replaced, 5% of the cost would have been debited.
Answer:
$10,000
Explanation:
A customer buys 1,000 shares of XYZ
The shares are bought at $60 in a margin account
Two days after the price of XYZ drops to $40
The first step is to calculate the current market value
= 1,000 shares×$40
= $40,000
Therefore, the minimum maintenance margin requirement can be calculated as follows
= 25/100 × current market value
= 25/100 × 40,000
= 0.25×40,000
= $10,000
Hence the minimum maintenance margin requirement is $10,000
<span>Workers or departments that perform similar tasks may be grouped together in a Process layout.</span>
Explanation:
1. what are my interests
2. what are my skills
3. what are my talents
4. what is my personality
5. what education or training do I need