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Mazyrski [523]
3 years ago
5

razell Corporation offers a two-year warranty on its products. The warranty program was expected to cost Brazell 4% of net sales

. Net sales in 2020 were $201 million. Fifteen percent of the units sold were returned in 2020 and repaired or replaced at a cost of $5.00 million. The amount of warranty expense on Brazell's 2020 income statement is:
Business
1 answer:
djyliett [7]3 years ago
8 0

Answer:

$8,040,000

Explanation:

Net sales made under warranty in 2020 = $201 million

Warranty Cost = 4%

<em>Calculation of Warranty expense on Brazell's 2020 income statement:</em>

= Net sales made under warranty in 2020 * Warranty Cost

= $201 million * 4%

= $8,040,000

So, the amount of warranty expense on Brazell's 2020 income statement is $8,040,000.

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The spokesperson should Increase the image <em>(i.e. make it bigger than the images on other slides</em>) on the slides containing a new vehicle model

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To make the slide that contains a new vehicle model to standout from other slides in the presentation without altering the colors and contents of the slides, The spokesperson should Increase the image on the slide without changing the slide content. that way he can capture the attention of the investors when they see the slide for the first time.

8 0
3 years ago
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3 years ago
Bradford Company had sales of $700,000 for a year. The total assets at the beginning of the year were $240,000, and the total as
11111nata11111 [884]

Answer:

Option (a) is correct.

Explanation:

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Ending total assets = $280,000

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= ($240,000 + $280,000) ÷ 2

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7 0
3 years ago
Advantages of price mechanism
Akimi4 [234]

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The price mechanism allows the consumer to gain sovereignty in the market. They have 'spending votes' in the market, which enables them to choose what is bought and sold. Generally, the free market allows for an efficient allocation of resources.

Explanation:

7 0
2 years ago
Steelweld, a car parts manufacturer, pays employees a higher hourly rate as they learn to master more parts of the work process.
Reptile [31]

Answer:

<u>The correct answer is A. Skill-based pay.</u>

Complete question and statement: Steelweld, a car parts manufacturer, pays employees a higher hourly rate as they learn to master more parts of the work process. Employees earn $10 per hour when they are hired and they can earn up to $20 per hour if they master all 12 work units in the production process. Which of these reward systems is being applied by Steelweld?

A. Skill-based pay

B. Piece-rate pay

C. Job evaluation system

D. Seniority-based pay

E. Membership-based pay

Source: https://www.coursehero.com/file/p6jelia/p-166-Steelweld-a-car-parts-manufacturer-pays-employees-a-higher-hourly-rate-as/

Explanation: It is perfectly clear that this car parts company is promoting the development of skills during the production process. The employee knows in advance that as he or she develops a greater number of skills, he or she will have a better pay. The formula for a better payment is disclosed.

7 0
3 years ago
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