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3 years ago

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The account "Warranty Liability": is adjusted at the end of the year. is credited each time a warranty repair is made. has a yea

r-end credit balance equal to the cost of warranty repairs made during the year. is closed at the end of the year.

1 answer:

Valentin [98]3 years ago

4 0

Answer:

The account "Warranty Liability":

is adjusted at the end of the year

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Assignment Details

Brrunno [24]

Lego the most beautiful product which targets two different consumer segments or may be more,A danish based company best selling construction toy in the planet to make these sets it takes years to design and development which enables the portal to kids from the age of 3 to a civil engineer in is 40s. It take is simple logic building blocks children spent 5 billion hours on Lego and why is it interesting is because with 6 pieces of 8 studded blocks a person can built 915 million different combinations. It may not be fascinating for the kids but the adults love new challenges. Lego there is a brand called as Technic which makes the Lego come to life.

Lego Duplo is for the the kids between 2-5, Lego Classic is for kids , Lego creator is for 7 to 12 years Lego Technic can range 11 to 16 Lego creator which is 16 + age so this is how communication has been made for each target.

Explanation:

Marketing mix or the 4p's of marketing Price,Promotion, Product and Placement.

Consumer Segment are comprises of the age group a category that people are influenced to buy a certain product example Coca-Cola is mostly drank by elderly people but Pepsi is drank buy youngster at the adolescent age.

Communication is important as to it implies on a way it has been presented it could be either by social media or by google or pamphlets etc.

3 0

3 years ago

Cost of goods sold $500,000 Average inventory 62,500 Determine (a) the inventory turnover and (b) the number of days' sales in i

nadya68 [22]

Answer:

(a) 8 times

(b) 45.6 days

Explanation:

Given that,

Cost of goods sold = $500,000

Average inventory = $62,500

Assume 365 days a year.

(a) Inventory turnover ratio:

= Cost of goods sold ÷ Average inventory

= $500,000 ÷ $62,500

= 8 times

(b) Number of days' sales in inventory days:

= 365 days ÷ Inventory turnover ratio

= 365 days ÷ 8

= 45.6 days

8 0

3 years ago

Xin and Yoshi are going over plans for an organizational restructuring. They enjoy working together, but they disagree about whe

Ksju [112]

Answer: Option C is correct.

When making the business decisions Xin and Yoshi must consider the financial and non financial aspects of the problems and decisions they are committed to move forward with. So writing down the problems might resolve the issues because Xin and Yoshi would be considering financial and non financial aspects of the problems and relevant decisions they would take. This meant that they will be more motivated to resolve the issues they are facing in their business because they have similar objectives which is wealth maximization.

6 0

3 years ago

The following are the job cost related accounts for the law firm of Colaw Associates and their manufacturing equivalents: Law Fi

xeze [42]

Answer:

March 1

Supplies $2,000 (debit)

Trade Payable $2,000 (credit)

March 2

Work - In - Progress $1,300 (debit)

Supplies $1,300 (credit)

March 3

Work - In - Progress $72,300 (debit)

Salaries Payable $72,300 (credit)

March 4

Overheads $47,900 (debit)

Cash $47,900 (credit)

March 5

Work - In - Progress $52,056 (debit)

Overheads $52,056 (credit)

March 6

Finished Goods $79,400 (debit)

Work - In - Progress $79,400 (credit)

Explanation:

March 1

Recognise Asset-Supplies and Recognise Liability-Trade Payable

March 2

Recognise cost - Work - In - Progress and De-recognise asset - Supplies

March 3

Recognise cost - Work - In - Progress and Recognise a liability - Salaries Payable

March 4

Recognise expense - Overheads and de-recognise asset - Cash

March 5

Recognise cost - Work - In - Progress and de-recognise expense - Overheads

March 6

Recognise asset - Finished Goods and de-recognise cost - Work - In - Progress

5 0

3 years ago

Identify the stage in the forming-storming-norming-performing model in which a team meets to learn about a project, agrees on ba

Vedmedyk [2.9K]

Answer:

c. Forming Stage

Explanation:

Forming Stage -

It is the very first stage in the group development.

In this initial stage , the people tries to learn about the task , and get along each other , to understand and start to work together .

This stage may even invite certain conflicts and misunderstanding .

In this stage a basic goal and work allotment is done , all the strategies and works are started in this very stage .

Hence , from the information of the question,

The correct term is forming stage.

5 0

3 years ago