Answer:
The answer will be below;
Explanation:
a.$54,000
(3,600*15)
The warranty expense is estimated and it is probable that an outflow of $54,000 will be incurred. Therefore in first year, the whole warranty expense is recorded for both the years. As per definition of provision; it is present obligation as a result of past event, outflow is probable and amount of outflow can also be easily estimated.
Answer:
C) increase production.
Explanation:
Competitive firms maximize their accounting profits when marginal revenue (MR) = marginal cost (MC).
In a perfectly competitive market, all the producers and the consumers are price takers, so they cannot change the price of the goods. So changing the sales price is not possible. Since the marginal revenue is greater than the marginal cost, the firm should increase its production output until MR = MC.
To me, this sounds like the Human resource department.
Whistle-blowing is NOT an act of disloyalty.
Explanation:
In the study on employee loyalty, Duska at first brings into question the concept of Loyalty to a firm. Can that loyalty come at the price of loyalty to the people and society. It must not it is concluded.
So, whistle blowing when the company is doing something that is morally reprehensible is not a bad thing by any means.
While that is granted,<u> it is also to be noted that the boundaries such as these are defined by personal consciousness and then judged by the public conscious. </u>