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Vadim26 [7]
3 years ago
15

Blazer Company sells merchandise with a one-year warranty. In Year 1, sales consisted of 2,800 units. It is estimated that warra

nty repairs will average $10 per unit sold, and 30% of the repairs will be made in Year 1 and 70% in Year 2. In the income statement for Year 1, Blazer Company should show warranty expense ofa. $19,600.b. $28,000.c. $8,400.d. $0.
Business
1 answer:
Roman55 [17]3 years ago
6 0

Answer:

= $ 28,000.00

Explanation:

Warranty expenses are accounted for in the period in which they are incurred. This is in accordance with the accounting reporting standards.

For Blazer company:  Year 1 sales 2800 units

Warranty per unit: $ 10 per unit

expected warranty cost: = 2800x $10

    = $ 28,000.00

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Product X used the following quantity of activity drivers to produce 100 units of final product: 25 setups, 40 material moves an
n200080 [17]

Answer:

$137.50 per unit

Explanation:

The computation of the total indirect manufacturing cost per unit is shown below:

Machine setups  15000 ÷ 100 × 25 = $3750

Material moves   22500 ÷ 225 × 40 = $4000

M/c. Operations 14000 ÷ 175 × 75 = $6000

Total Cost for 100 units                     $13,750

And since there is 100 units

So, the total indirect manufcturing cost per unit is

= $13,750 ÷100 units

= $137.50

8 0
3 years ago
John’s home is up for sale. He originally bought it five years ago for $300,000. Its current value is $350,000. His real estate
Mumz [18]

Answer:

Market value

Explanation:

The market value of a product is the price at which a buyer is willing to purchase a good irrespective of prevalent price of a commodity. It is that amount a buyer and seller are willing to strike a deal for given normal market conditions.

In this scenario John originally bought his five years ago for $300,000. Its current value is $350,000. His real estate agent notified him that a buyer just made an offer on his home for $365,000.

Despite the house now being $350,000, $365,000 is the market price at which the buyer and seller are willing to settle.

8 0
3 years ago
If the government increase its regulations on business, production costs go
boyakko [2]

Answer:

false

it can increase instead of decreasing

4 0
4 years ago
Read 2 more answers
The Baldwin company wants to decrease its plant utilization for Bold by 15%. How many units would need to be produced next year
Bogdan [553]

Answer:

1575 units would be needed to be produced next year to meet this production goal.

Explanation:

plant utilization after decrease = 105% - 15%

                                                   = 81%

let the number of units produced be Y

plant utilization = units produced/plant capacity

                81%   = Y/1750 units

Y  = 1575 units

Therefore, 1575 units would be needed to be produced next year to meet this production goal.

4 0
3 years ago
In 1919, henry ford was sued because:
Lostsunrise [7]
The appropriate response is A. Henry Ford also then sued the Chicago Tribune for criticizing the grounds that it called him an uninformed revolutionary. In court, the guard lawyer has chosen to show Ford's obliviousness and absence of patriotism by posting essential American history inquiries. The vehicle head honcho reliably missed these inquiries, and court transcripts of his nonsense wound up plainly well known perusing at the time.
8 0
3 years ago
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