Answer: See explanation
Explanation:
Number of units sold = 76000
Percentage repair= 2%
Estimated defective units = Percentage repair × Units sold = 2% × 76000 = 1520
Actual defective units = 490 + 350 + 210 = 1050
Unclaimed warranty = Estimated defective units - Actual defective units = 1520 - 1050 = 470
Repair cost = $50
Warranty expense = 470 × $50 = $23500
The journal entry will then be:
31 December:
Debit: Product warranty expense = $23500
Credit: Estimated liability for product warranty = $23500
Answer:
See explanation
Explanation:
See the image below to get the appropriate answer:
Answer:
$86.87
Explanation:
Calculation for what would be the overall margin on the order
Price of cake $500.54
Less Costs:Size related ($183.06)
($1.13 per guest × 162 guests)
Less Complexity-related ($130.56)
($43.52 per tier × 3 tiers)
Less Order-related ($61.44)
($61.44 per order × 1 order)
Less Cost of purchased decorations for cake ($38.61)
Customer margin $86.87
Therefore would be the overall margin on the order is $86.87
Entrepreneurs can avoid getting 'caught up in the hype' surrounding their product or service by always maintaining a level head and not obtaining an ego.
The channel of communication refers to the medium that carries the message for a firm, such as a salesperson, advertising media, or public relations tools.
What is Advertising media?
The term "advertising media" refers to a broad range of promotional outlets. Brands connect with potential consumers via a variety of advertising platforms. Utilizing the best channel may boost revenue and build enduring relationships with customers. Each brand must prioritize advertising media. Between a brand and its customers, each channel serves as a middleman. Discovering the ideal channel enables firms to successfully market their goods, explain their worth, and preserve reliable connections with the target market.
Learn more about Advertising media here:
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