Answer:
$5,000
Explanation:
The computation of the estimated warranty payable is shown below:
= Credit balance + expected warranty based on sales - warranties paid
= $2,000 + $20,000 - $17,000
= $22,000 - $17,000
= $5,000
The expected warranty based on sales would be
= sales × estimated percentage
= $200,000 × 10%
= $20,000
Simply we added the credit balance and expected warranty and deduct the paid warranties so that the actual amount can come
Answer: True
Explanation:
An e-business is a kind of business whereby information is passed across on the internet. Since we live in a digital world, organizations now engage their customers online.
An e-business can redefine its market by removing traditional marketplace intermediaries or by creating new ways to add value to business transactions.
Answer:
True
Explanation:
Unlevered free cash flows represent the amount of cash a business has before meeting it's financial obligations such as operating expenses or periodic interest payments on borrowed funds.
When a firm issues further debt, it's available funds increase. Similarly, if a firm retires or repays it's debt, it's available funds decrease.
Therefore, change in capital structure by issue or retirement of debt alters a firm's unlevered free cash flows.
Answer: C. will be favorable
Explanation:
Variable overhead efficiency variance simply means the difference between the time that it takes to manufacture a particular product and the time that was budgeted for the product.
Since the time incurred for the product was 2300 hours while the budgeted time was (600 × 4) = 2400 hours, then the variable overhead efficiency variance is favorable.
Answer:
Option (A) A debit to inventory for $200
Explanation:
The entire cost of purchasing products (including the cost of having the inventory shipped to the buyer) is reported as part of the cost of the inventory in a perpetual inventory system.
The entry of paying the charges for shipping is included in debit to inventory for $200 and a credit to cash for $200.
Hence,
The answer is option (A) A debit to inventory for $200
