Answer:
The amount of warranty expense on Angel's 2018 income statement is $11.58 million.
Explanation:
Income statement : The income statement is that statement which represents the income for the particular year.
The income is calculated by subtracting all types of costs from sales revenue.
The motive behind the preparation of income statement is to examine the company profitability, financial performance, etc.
The amount of warranty expense on Angel's 2018 income statement is calculated below
= Net sales × cost of warranty program
= $193 million × 6%
= $11.58 million
The other cost like repairing cost or replacement cost is not considered while calculating the warranty expense
Hence, the amount of warranty expense on Angel's 2018 income statement is $11.58 million.
Answer:
Profit earned=$21,000
Explanation:
Manufacturing Cost total=direct material +direct manufacturing+ Total Manufacturing overhead
Direct Material=$3500
Direct manufacturing =$2800
Total Manufacturing overhead=(($2800/12)*18)
Total Manufacturing overhead=$4200
Manufacturing Cost total=$3500+$2800+$4200
Manufacturing Cost total=$10,500
Profit earned=($11,000-$10,500)*42
Profit earned=$21,000
Answer:
A project is a one-time or infrequently occurring set of activities that creates outputs within prespecified time and cost schedules,
project management
while project management is the combination of planning, directing, and controlling resources (people, equipment, information, material) in a project to meet technical objectives within budget and schedule constraints.
its true
Explanation: