I found this data from Table 7.3
<span>
<span>
</span><span><span>
Labor
Input
Output
</span>
<span>
0 0
</span>
<span>
1 40
</span>
<span>
2 70
</span>
<span>
3 90
</span>
<span>
4 100
</span>
<span>
5 105
</span>
<span>
6 108
Labor Cost = Labor Input x 30
Output Sales = Output x 6
Revenue = Sales - Cost
</span></span></span><span>
<span>
</span><span><span>
Labor cost
Output Sales
</span>
<span>
0 0
</span>
<span>
30 240
</span>
<span>
60 420
</span>
<span>
90 540
</span>
<span>
120 600
</span>
<span>
150 630
</span>
<span>
180 648
</span></span></span><span>
<span>
</span><span><span>
Labor
Input Output Labor cost
Output Sales
<span> Revenue</span>
</span>
<span>
0 0 0 0 0
</span>
<span>
1 40 30 240 210
</span>
<span>
2 70 60 420 360
</span>
<span>
3 90 90 540 450
</span>
<span>
4 100 120 600 480
</span>
<span>
5 105 150 630 480
</span>
<span>
6 108 180 648 468
Labor Unit 4 and 5 both have a revenue of 480. It is the maximum revenue. I think the best option would be C. 4 UNITS.
Lesser cost to the company at a maximum revenue.
</span></span></span>
Answer:
the journal entry to record warranty expense is:
Dr Warranty expense 30,000
Cr Warranty liability 30,000
the journal entry to record actual expenses related to product warranties:
Dr Warranty liability 10,000
Cr Cash (or inventory, or wages payable) 10,000
Depending on what type of costs are incurred by the company, the account credited will vary, e.g. if units are replaced, then inventory must be credited, or if units are repaired and only labor is used, then wages payable or cash should be credited. Since the question doesn't give us a lot of details, I credited cash.
Answer:
"Ordering" is the correct solution.
Explanation:
- Ordering expenses are incurred in purchasing a new shipment of manufactured goods. This would include expenditures for the attempting to place of a purchase agreement, cost savings for the evaluation including its batches expected to receive, ends up costing for documentary evidence, etc.
- The cost of ordering correlated negatively with either the cost of transport. This appears to mean because the much more purchases a business location including its providers, the significantly higher the ordering costs will indeed be.
If France had positive net exports last year, then it (A) sold more abroad than it purchased abroad and had a trade surplus.
<h3>
What is trade surplus?</h3>
- When focused simply on trade effects, a trade surplus indicates that a country's goods are in high demand on the global market, which raises the price of those items and leads to a direct strengthening of the home currency.
- When exports surpass imports, the trade balance (surplus) is positive.
- When exports are fewer than imports, the trade balance is negative (deficit).
- When a country exports more goods than it imports, it has a trade surplus.
- For example, if China exported $1 trillion in products while importing only $200 billion in goods, it would have an $800 billion trade surplus.
Therefore, if France had positive net exports last year, then it (A) sold more abroad than it purchased abroad and had a trade surplus.
Know more about trade surplus here:
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The complete question is given below:
If France had positive net exports last year, then it
A. sold more abroad than it purchased abroad and had a trade surplus.
B. sold more abroad than it purchased abroad and had a trade deficit.
C. bought more abroad than it sold abroad and had a trade surplus.
D. bought more abroad than it sold abroad and had a trade deficit.
Globalization of business has affected man in many ways.
In term of communication, businesses has to learn and abide by the culture of the places where their companies are located. They have to learn and abide by the political and legal regulations that are operating in the place. Cross - cultural communication challenge has to be overcome with sensitivity and openness.
