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Strike441 [17]
3 years ago
7

A company sold $12,000 worth of bicycles with an extended warranty. it estimates that 2% of these sales will result in warranty

work. the current period's entry to record the warranty expense is:
Business
1 answer:
Otrada [13]3 years ago
7 0
I think the answer for your question you have to divide then you get 6,000
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According to Douglas McGregor, the classical perspective on management is consistent with which of the following? a. Theory X ma
victus00 [196]

Answer: Theory X manager

Explanation:  The classical theory of management focuses on the efficiency and productivity from the employees. Unlike the modern theory, it does not take into consideration the human attributes and behavior of the employees.

The X managers assumes that his subordinates are little motivated and inefficient. These managers use authoritarian style and strictly monitors the performance of employees. The liberty of employees under such managers is very low.

Hence, from the above we can conclude that option A is correct.

5 0
3 years ago
Ibarra Corporation uses the FIFO method in its process costing system. The first processing department, the Forming Department,
Morgarella [4.7K]

Answer:

Conversion Costs per unit  = $ $599,123/ 110080= $ 5.442

Explanation:

Conversion costs of $ $599,123

                                    Units            % of Completion                EUP

                                                            D.M       C.C                D.M       C.C

Units completed      106,000          100        100          106,000      106,000

<u>Ending Inventory       13,600          100          30            13,600        4080</u>

T<u>otal Equivalent  Units Of Production                          119600    110,080</u>

<u />

Conversion Costs per unit  = $ $599,123/ 110080= $ 5.442

Another way of finding out is through using the beginning inventory and the units started but as we do not have the % of completion for started units it cannot be computed.

                                   

7 0
3 years ago
In her new job, alison determined to make her _____________from the start
mestny [16]

In her new job, alison determined to make her <u>mark</u> from the start. Hence, the correct answer is mark. Read below about making one's mark.

<h3>What does it mean to make mark?</h3>

If one makes his/her mark or make a mark, one becomes noticed or famous by doing something impressive or unusual.

Therefore, the correct answer is mark.

learn more about idiomatic expression: brainly.com/question/902417

#SPJ12

7 0
2 years ago
A couple bought some stock for $30 per share that pays an annual dividend of $0.60 per share. After 2 years the price of the sto
Archy [21]

Answer:

Return on Investment  is 12%.

Explanation:

Net income = Dividend = $0.60

Current Value = $33

Original Value = #30

Formula for Return on Investment:

Return on Investment = (Net Income + (Current Value - Original Value)) / Original Value x 100

ROI = (($0.60 + ( $33 - $30 ) ) / $30 ) x 100

ROI = (($0.60 + $3 ) / $30 ) x 100

ROI = ( $3.60 / $30 ) x 100

ROI = 0.12 x 100

ROI = 12%

So Return on Investment is 12% for the given investment.

7 0
4 years ago
Which type of variance causes operating income to be greater than the budgeted operating income?
ivann1987 [24]

Favorable variance is the variance causes operating income to be greater than the budgeted operating income.

A favorable variance is wherein real income is greater than budget, or real expenditure is less than budget. That is similar to a surplus in which expenditure is much less than the available earnings.

Is Favorable variance usually accurate?

Favorable variances are defined as either generating greater revenue than expected or incurring fewer fees than expected. Damaging variances are the other. Much less revenue is generated or greater prices incurred. Either may be correct or terrible, as these variances are based on a budgeted amount.

How do you inform if a variance is favorable variance or destructive?

If sales have been better than expected, or expenses were decrease, the variance is  favorable variance. If sales have been decrease than budgeted or costs were better, the variance is detrimental.

Learn more about  favorable variance here:- brainly.com/question/28268911

#SPJ4

7 0
2 years ago
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