Answer:
$16.96 million
Explanation:
The computation of the amount of warranty expense is shown below:
= Net sales made under warranty in year 2021 × expected cost percentage to net sales
= $212 million × 0.08
= $16.96 million
We simply multiplied the net sales with the expected cost percentage so that the amount of warranty expense could come and the same is to be considered
<span>Demand elasticity analyzes the degree of sensitivity and the change in total revenue resulting from a change in price.
Demand is a service (in economics), that people are willing to buy at a certain price and degree of sensitivity is combination of the affect which is caused by changes in input values or output.</span>
Promoting an event with no money could be done by focussing on pre- event preparation and brand creation.
<h3>How do you promote an event without money?</h3>
- Utilize social media: Take into account adopting a specialty or specialized segmentation so members of a sector or demography can check your calendar for activities they are confident they will appreciate.
- Having a blogger as a friend : Make as many friends as you can with bloggers, social media ambassadors, and influencers.
- If they are essential to your low-cost event promotion, they will aid you in spreading the word if they know, like, and trust you.
- Seek media support: If you host newsworthy events, getting to know these people will be helpful to you in your event promotion as well.
- Don't forget writers for periodicals, travel websites, or anything else relevant to the activities you host and they would contribute on a large scale for your brand creation.
To learn more about brand creation, refer:
brainly.com/question/28155051
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Answer:
Explanation:
Basically, the product is passed from the two cycles to make a product ready to sell. They are:
1. Raw material inventory: It refers to a part of the product like - direct material, direct labor
2. Work in progress inventory: It shows the percentage of the work which is not complete and which is completed. How much work is in progress.
3. Finished goods inventory: The goods are ready for sell.
So, the journal would be:
Finished goods inventory A/c Dr $100,000
To Work in progress inventory $100,000
(Being transfer of finished goods recorded)
Answer:
the value of the goods that were given up to produce the bicycle.
Explanation:
Opportunity cost is the cost of the next best option forgone when one option is chosen over other alternatives.
the opportunity cost of purchasing the bicycle is the value of other things that could have been bought instead of the bicycle