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masha68 [24]
3 years ago
15

Sony introduces a new compact music player to compete with Apple's iPod that carries a two-year warranty against manufacturer's

defects. Based on industry experience with similar product introductions, warranty costs are expected to be approximately 3% of sales. By the end of the first year of selling the product, total sales are $30.7 million, and actual warranty expenditures are $270,000. What amount (if any) should Sony report as a liability at the end of the year
Business
1 answer:
iris [78.8K]3 years ago
3 0

Answer: $651,000

Explanation:

From the above question, Apple's iPod carries a two-year warranty against manufacturer's defects.

warranty costs are expected to be approximately 3% of sales.

Total sales are $30.7 million, and actual warranty expenditures are $270,000.

Total warranty cost = $30.7 million x 3% = $921,000

During the 1st year only $270,000 of warranty expenses was made.

Therefore the company will carry as liability at the end of the year a total of $921,000 - $270,000 = $651,000

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Mexican american farm workers in california organized ________ to demand higher pay from their employers
KengaRu [80]
The United Farm Workers union
4 0
2 years ago
True or False: When refusing an internal request, it is not a good idea to provide an alternative.
Lana71 [14]

Answer:

1st question: false Refusing internal requests often calls for an indirect strategy. Providing adequate reasons and realistic alternatives helps maintain goodwill and a positive working environment.

2nd question: True. Refusals for routine requests should open with a buffer, a neutral statement on which both readerand writer can agree, and should transition into the reasons.

6 0
3 years ago
Read 2 more answers
Corey, a supervisor, needs to rate the performance of 20 subordinates. He uses a rating scale to rate them on a scale of 1 to 10
Sonbull [250]

Answer:

central tendency distributional error

Explanation:

There are three types of distributional errors:

  1. severity.- when the person in charge of rating is too strict and rates the employees with a poor grade.
  2. leniency.- when the person in charge of rating is too lenient and rates the  employees with a high grade.
  3. central tendency.- when the person in charge of rating does not want to assume responsibility and rates the employees with a middle grade, not bad, not good.
3 0
3 years ago
Grady exchanges qualified property, basis of $21,833 and fair market value of $26,200, for 60% of the stock of Eadie Corporation
Svetach [21]

Answer:

$26,200

Explanation:

Current gain = Fair market value of the property - Basis of qualified property = $26,200 - $21,833 = $4367. Thus, the amount of Grady current gain is $4,367

We now determine the basis that Gredy takes for the share of Eadie stock

Basis = Original basis of qualified property + Current gain

Basis = $21,833 + $4,367

Basis = $26,200

Thus,  basis that Gredy takes for the share of Eadie stock is $26,200

3 0
3 years ago
Jason wants to dine at five different restaurants during a summer getaway. If four of nine available restaurants serve​ seafood,
scoundrel [369]

There are 1560 ways

Explanation:

The toal number of restaurants are 8, out of which 3 serve seafood, and during the summer gateway, Jason decided to dine out at 4 multifarious restaurants.

Since, the order is significant, permutations is to be used.

Four restaurants can be chosen from the 8 restaurants in _{8} \mathrm{P}^{4}. In this case, "at least one" is complement of "fewer than one" (that is 0). Thus, four restaurants that are not serving seafood can be chosen from five restaurants in 5 P^{4}.

<u>Using complements principle to get the number of ways to get at least one of the restuarants serve seafood,</u>

8 P^{4}-5 P^{4} = 1680-120

8 P^{4}-5 P^{4} = 1560

Therefore, there are 1560 ways

5 0
3 years ago
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