Answer:
the journal entry to record warranty expense is:
Dr Warranty expense 30,000
Cr Warranty liability 30,000
the journal entry to record actual expenses related to product warranties:
Dr Warranty liability 10,000
Cr Cash (or inventory, or wages payable) 10,000
Depending on what type of costs are incurred by the company, the account credited will vary, e.g. if units are replaced, then inventory must be credited, or if units are repaired and only labor is used, then wages payable or cash should be credited. Since the question doesn't give us a lot of details, I credited cash.
Answer:
The answer is 629,000.
Explanation:
- For each unit of M sold, the price is 7 and the cost is 3, so the contribution margin is 4;
- For each unit of N sold, the price is 4 and the cost is 2, so the contribution margin is 2;
- For each unit of O sold, the price is 6 and the cost is 3, so the contribution margin is 3;
- With the mix, 1 unit of sale contributes (contribution per mix) 3*M+1*N+2*O = 3*4+1*2+2*3 = 20
For covering the 340,000 of fixed costs, you have to sale 340,000/20 units. That's equal to 17,000 units.
Each unit of sales is equal to (price per mix) 7*M+4*N+6*O = 7*3+4*1+6*2 = 37. So, with 17,000 units, the total sales will be 17,000 * 37 = 629,000.
Answer:
labor force that is unemployed.
Explanation:
Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed.
The unemployment rate is divided into various types, these include;
1. Cyclical unemployment rate (CU).
2. Frictional unemployment rate (FU),
3. Structural unemployment rate (SU).
4. Actual unemployment rate (AU).
5. Natural Rate of Unemployment (NU).
Hence, the unemployment rate is the percentage of the labor force that is unemployed.
Answer:
Price of One Bush is $ 23
Explanation:
Suppose
bushes = B
trees = T
According to given condition:
13B + 4T = 487 (Eq: 1)
6B + 2T = 232 (Eq: 2)
Multiplying (Eq: 2) by 2
12B + 4T = 464 (Eq: 3)
Substractign (Eq: 3) from (Eq: 1)
13B + 4T - (12B + 4T) = 487 - 464
13B + 4T - 12B - 4T = 23
B = 23
By putting value of B in (Eq: 1)
(13 x 23) + 4T = 487
299 + 4T = 487
4T = 487 - 299
4T = 188
T = 188 / 4
T = 47
Price of One Bush = B = 23
Answer:
<u>Reffeal</u>
Explanation:
A letter of reference is an effective method for establishing clear communication with information needed to clarify possible doubts and bring credibility. It should be written in a formal manner, highlighting the strengths of the message to be conveyed beyond clear, accurate and honest language.
