Answer:<em><u>The company's warranty expense for the month of November is $157,080.
</u></em>
Explanation:
When the estimated amount is recognized-
Warranties expense A/c (Dr.) = $157,080
Estimated Warranty Liability (Cr.) = $157,080
When the repairs are actually paid, Estimated Warranty Liability will be Debited and Cash will be credited.so, The company's warranty expense for the month of November is $157,080.
<em><u>i.e. (34,000 × 3% × $154 = $157,080)</u></em>
The answer is B ✌️ Hope that I help you Tell me if it's wrong or right
Answer: Between actual overhead and budgeted overhead based on standard hours allowed---- B
ExplanatioN: The controllable variance is defined as the difference between actual expenses or overhead incurred and the budget overhead allowance based on standard hours allowed for work done. The variance is unfavorable controllable variance If the actual overhead is greater than the budgeted overhead based on standard hours allowed for work done and is termed favorable controllable variance if the opposite occurs ie actual overhead being less than budgeted overhead based on standard hours allowed for work to be done.
Answer:
B. The firm will not sell any output.
Explanation:
A perfectly competitive industry happens when there are many sellers, the products are the same between sellers and it is easy to enter and leave the market. In this type of industry a company has to take the equilibrium price because the are several firms competing and if it tries to charge even a small amount higher than that, people will not buy anything as they will go with the competition.
Answer:
True.
Explanation:
This statement is true, due to the fact that the marketing activities whose competences are ethical considerations, encompass the product strategy as a focus, but also the promotion, marketing research and prices. Ethical considerations in relation to the marketing of a product, means that the product will meet the demands of consumers and satisfy their wants and needs along with the ethical considerations contained in the product. As an example we can mention a makeup company that uses stamps that do not perform tests on animals and uses biodegradable packaging, this company is attesting to consumers ethical values required by its potential audience, so research is needed to identify what their customers' demands are , price strategy in product development and commercialization, etc.
