1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
larisa86 [58]
2 years ago
9

The authorized service center is located in Boston. Because Cookie Creations values serving its customers, it pays the shipping

to Boston for any mixers needing repair under Kzinski’s warranty terms. Based on past experience, Kzinski has found that approximately 10% of mixers are returned for repair or replacement. The average cost to ship a mixer to Boston is $60.The following transactions take place in 2020 and 2021.1. A total of 30 mixers are sold in 2020.2. Four of the mixers sold in 2020 are returned for repair in 2021. The total shipping cost for returning these four mixers to Boston is $210.3. A total of 40 mixers are sold in 2021.4. Two of the mixers sold in 2021 are returned for repair in 2021. The total shipping cost for returning these two mixers to Boston is $55.Calculate Cookie Creations’ warranty liability for the shipping costs at December 31, 2020.Warranty liability $
Business
1 answer:
Alex777 [14]2 years ago
7 0

Answer:

$180

Explanation:

Calculation to determine Cookie Creations’ warranty liability for the shipping costs at December 31, 2020.

Using this formula

Warrant liability=Numbers of mixers sold × Percentage of mixers returned for repair or replacement ×The average cost to ship a mixer

Let plug in the formula

Warrant liability=30 x 10% x $60

Warrant liability=$180

Therefore Cookie Creations’ warranty liability for the shipping costs at December 31, 2020 will be $180

You might be interested in
A firm is productively efficient when:__________.
inna [77]

Answer:

Its is A

Explanation:

7 0
3 years ago
When there is a high inventory turnover, there is an increase in sales because: a) more money is available to buy new merchandis
german

Answer:

The answer is C.

Explanation:

Inventory turnover is a measure of the number of times inventories are sold during a period of time usually a year.

To calculate inventory turnover:

Cost of goods sold ÷ average inventory

High inventory turnover means that the company's product is in high demand and when the product is in high demand, it means there is an increase in sales.

An increase is demand means new inventory or merchandise are continually available and continually bought.

7 0
3 years ago
Read 2 more answers
16. Which of the following is the correct heading for the trial balance? A. B. C. D. Platt Hardware Store May 31, 20— Trial Bala
inysia [295]

D. Platt Hardware Store Trial Balance As of May 31, 20

8 0
3 years ago
________ can be classified according to whether they are delivered by people or equipment, or by business firms or nonprofit org
Amiraneli [1.4K]

Services can be classified according to whether they are delivered by people or equipment, or by business firms or nonprofit organizations.

<h3>What are services?</h3>

Services serves as the task or activities that is been delivered to the client in exchange if rewards.

Services can be different based on the organization performing it such banking sector , and classified according to whether they are delivered by people or equipment, or by business firms.

Learn more about services at:

brainly.com/question/25605883

3 0
2 years ago
What do we stand to gain from applying planning principles to supposedly routine activitiesif we believe that planning is so imp
Sever21 [200]

Answer:

Different personal and cultural traits can explain why even though we know that planning our activities help a lot, we rarely do it.

Japanese society is extremely structured and they plan everything. There incredible economic success is the result of that. Once I was travelling on the same tour bus as a group of Japanese tourists, and their tour guide requested them to give him their schedules since being on vacations meant not following a plan. The tourists got all anxious and nervous because they were going to do something different, which was scary for them.

That day I started to question myself as to why I rarely plan things, and on the next days I really tried to do it, but I failed. One of the reasons I failed was that I was the only one planning what to do, no one else at work was. I felt like Cameron Diaz when she was making plans about where she should be planning on how to have fun. It was really boring, that is the reason why Japanese don't have children or even girlfriends, its easier to plan what to do with a doll.

There is something nice and good about being spontaneous, although sometimes I still feel that I need to plan a little more.

6 0
3 years ago
Other questions:
  • Total revenue equals A)price per unit times change in quantity sold. b)price per unit times quantity supplied. c)change in price
    15·1 answer
  • Bonds are issued on June 1 that have interest payment dates of April 1 and October 1. Bond interest expense for the year ended D
    12·1 answer
  • In the long run the unemployment rate equals select one:
    5·1 answer
  • What are the characteristics of the best circular flow of income?
    5·1 answer
  • Using the following information: (a) The bank statement balance is $3,868. (b) The cash account balance is $3,971. (c) Outstandi
    15·1 answer
  • An automobile factory in Michigan uses $100,000 worth of parts purchased from foreign countries along with U.S. inputs to produc
    8·1 answer
  • Writing a check on an account with insufficient funds is allowed under certain conditions.
    8·1 answer
  • Should all managers must always aim for the top position?why or why not
    14·2 answers
  • Yuto owns a souvenir shop in Tokyo. He wants to reach English speaking tourists in his city during certain hours of the day. Whi
    6·1 answer
  • Khalil Hamid Ali borrowed $12,000 and paid $1,890 in exact interest when the loan came due 11 to 2 years later. What rate of int
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!