Answer:
Boyd will record Warranty Expense in the amount of $400 for the month.
Explanation:
Warraty expense is an obligation on the business because business idmliable to accept the claims of warranty. A estimated percentage of warranty expense is charges as an expense in each period.
Sales = $20,000
Warranty repair = 2% of Sales
Warranty Expnese = Sales x Warranty repairs percentage
Warranty Expnese = $20,000 x 2%
Warranty Expnese = $400
Answer:
A milestone is a marker in a project that signifies a change or stage in development. Milestones are powerful components in project management because they show key events and map forward movement in your project plan. Milestones act as signposts through the course of your project, helping ensure you stay on track.
Explanation:
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Answer:
a need is something you need to live/survive its something you cant live without
Explanation:
A sole proprietorship firm is a firm which can be opened by an individual and the the owner of the firm has an unlimited liability towards the firm that means the owner enjoys unlimited profit of the firm as well as the loss of the firm.
The advantage of the sole proprietor firm is that it can be set up very easily with low or very few government rules. So the correct answer is B.
Answer:
The total revenue for barley producers will increase because the price effect is greater than the quantity effect.
Correct option is D. increase; price; quantity
Explanation:
Price effect (which is the impact that a change has on prices) in the scenario above is greater than Quantity effect (a reduction in commodities sold after an increase in price).
Since breweries still buy below the percentage of the Price effect, the revenue of barley sellers will continue to increase.
However, the revenue will start to decrease when the quantity effect exceeds the price effect.
