Answer:
$3,000
Explanation:
Warranty expense is an obligation on the business because business is liable to accept the claims of warranty. A estimated percentage of warranty expense is charges as an expense in each period.
Total Sales = $500 x 6,000 units = $3,000,000
Warranty Expense for the year = Sales units x 3% x warranty cost per unit
Warranty Expense for the year = 6,000 x 3% x $50 = $9,000
Recognised warranty cost in the year = 120 units x $50 = $6,000
Accrued Warranty expense = $9,000 - $6,000 = $3,000
Answer:
C; captive
Explanation:
The correct answer here is the captive product pricing. This system enables companies to sell other product known as the captive product alongside the main product which is called the core product.
By selling the printer at a reduced price, the company can make a gain on this by ensuring that the auxiliary product which is the catridge is something that needs to be bought repeatedly.
Thus, the company has enhanced the sales of the ink catridge by ensuring that it’s an important part needed for the main product which is the printer to function.
So in this question, we can see that the catridge is the peripheral or auxiliary product otherwise called the captive product while the core product is the printer which is sold basically at a cheaper price
The answer is (D.) It started people thinking about how technology and information would shape the future.
Megatrends are likely used in strategic work for some companies and organizations. These are the great forces in social development that will affect some areas in the nearby futures like in state, civil society, and market. In short, these are the knowledge about the probable future.
The value of Rewards anticipated by workers is labeled <u>v</u><u>a</u><u>l</u><u>a</u><u>n</u><u>c</u><u>e</u><u> </u>in expectancy theory.
Answer:
Under variable costing, the company's net operating income for the year would be $60,000 lower than under absorption costing.
Explanation:
The computation of the operating income under variable costing is shown below:
But before that following calculations need to be done
Fixed manufacturing overhead per unit is
= $240,000 ÷ 20,000 units
= $12 per unit
Ending Inventory units is
= 20,000 units - 15,000 units
= 5,000 units
Now Cost of ending Inventory deferred under absorption costing is
= 5,000 units × $12
= $60,000
So, the second option is correct
