Answer:
Zero based budgeting
Explanation:
Zero-based budgeting is a process of developing budget estimates by requiring managers to estimate sales, production, and other operating data as though operations were being initiated for the first time.
It is time consuming compared to other method of budgeting ( traditional).
Zero-based budgeting (ZBB) is a method of budgeting where income less expenditure is equal to zero.
It is a budgeting in which all expenses must be justified for each new period. It is detail-oriented.
Zero-based budgeting can be used to lower costs by avoiding blanket increases or decreases to a prior period's budget. 
zero-based budgeting may be a rolling process done over several years.
 
        
                    
             
        
        
        
Answer:
a. 
Date                      Account Title                                    Debit                Credit
Dec, 31. 2020       Cash                                              $1,000
                              Customer Deposits                                                  $1,000
b.
Date                      Account Title                                    Debit                Credit
Dec, 31. 2020       Customer deposits                          $800
                              Cash                                                                         $800
c. 
Date                      Account Title                                    Debit                Credit
Dec, 31. 2020       Customer deposits                          $120
                              Breakage Revenue                                                   $120
                             Cost of goods sold(0.8 * 120)         $  96
                             Inventory                                                                   $  96
 
        
             
        
        
        
Explanation:
When I think about the term marketing mix, I think about a set of tools that firms use to increase their profits such as price, product, promotion and place. 
 
        
             
        
        
        
Answer:
Butcher's warranty expense for Year 4 is $10,000 
Explanation:
Since in the question, it is given that 5% of the toys are returned, and the warranty expenses should be charged on the replacement service or repair service. Even, the question has said the same. 
So, the warranty expense computation is shown below:
= Sale units of toys × selling price per toy × returned percentage
= 10,000 toys × $20 × 5%
= $10,000
The warranty obligation part is irrelevant. Thus, we don't consider in the computation part. Therefore, it is ignored.
Hence, Butcher's warranty expense for Year 4 is $10,000 
 
        
             
        
        
        
Answer:
The value of net income is $3,008,000
Explanation:
Income statement:
Revenues= 9,100
COGS= (2,730)
Gross profit= 6,370
Other Expenses= (600)
Sales, General, & Administrative Expenses= (910)
Depreciation Expenses= (500)
Interest Expenses= (180)
EBT= 4,180
Tax= (1,672)
Depreciation= 500
Net income= 3,008
The value of net income is $3,008,000