1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
spayn [35]
3 years ago
13

Boris, Inc. sells a single product for $900 per unit, including a 90-day warranty against defects. It is estimated that 3% of th

e units sold will prove defective and require an average repair cost of $70 per unit. During July, 800 units were sold. Five of them were reported defective and repaired in July. What amount should be added to the Estimated Liability for Product Warranties for July
Business
1 answer:
Dimas [21]3 years ago
7 0

Answer:

the  amount that added to estimated liability is $1,330

Explanation:

The computation of the amount that added to estimated liability is as follows

= 800 units sold × 3% defective - five defective units

= 24 units - 5 units

= 19 units

Now the amount that should be added is

= 19 units × $70 per unit

= $1,330

Hence, the  amount that added to estimated liability is $1,330

The same is to be considered

You might be interested in
You are giving the following amounts: $190,258.50; $152,698.00; $122,753.00; $220,523.00; $231,951.00. What is the average of th
mel-nik [20]
The average (arithmetic mean) of these amounts can be found by adding all the values up, and dividing by the number of values (5). 
The sum of the numbers is : 918,175.50
918,175.50 / 5 = 183,635.10

5 0
3 years ago
A 3m researcher worked with university students to develop the post-it® flag highlighter. when his team evaluated the technical
leva [86]
<span>The stage of the new-product process with the </span>post-it® flag highlighter is the Screening and evaluation.  It is the stage of the new-product process ( post-it® flag highlighter) that involves internal and external evaluations of the new-product ideas so as to eliminate those that warrant no further effort.
6 0
3 years ago
A formula is a math equation used in a spreadsheet....... true or false
lisabon 2012 [21]
True, you can use a formula in Excel spreadsheet!
6 0
4 years ago
Read 2 more answers
Which accounting principle is adopted to make adjustments to the trial balance so that the debit and the credit side balances? T
antiseptic1488 [7]

Answer:

The accrual principle

The main purpose of adjusting entries is to update the accounts to conform with the accrual concept. At the end of the accounting period, some income and expenses may have not been recorded, taken up or updated; hence, there is a need to update the accounts.

8 0
3 years ago
Read 2 more answers
Almost all dissatisfied guests complain. True or False
liberstina [14]

Answer:

True

Explanation:

This statement is quite reasonable that most disgruntled guests complain but this is not entirely fair as some disgruntled guests do not even complain.

A satisfied guest is one who wishes for something and sets a price for it. Sometimes guests do not complain even when one of these two is fulfilled.

6 0
3 years ago
Other questions:
  • If the current dividend (D0) is $3.00 and the growth rate is 6%. How much will the dividend be at Time 5?
    12·1 answer
  • Which of the following is not a supervised learning technique in predictive analytics?
    13·1 answer
  • If you put up $21,000 today in exchange for a 8.25 percent, 14-year annuity, what will the annual cash flow be
    10·1 answer
  • If there’s a 40% chance of making $1 million and a 60% chance of losing $600,000, then the expected monetary outcome is
    12·1 answer
  • On November 10 of the current year, Flores Mills sold carpet to a customer for $7,900 with credit terms 3/10, n/30. Flores uses
    14·1 answer
  • After working as a manager of a small business for several years, Connie has been offered a management position with a local cha
    14·1 answer
  • Athena Company provides employee health insurance that costs $15,400 per month. In addition, the company contributes an amount e
    10·1 answer
  • Bob has always been known as an imaginative​ "big picture" person. He sees the world in terms of possibilities and abstract conc
    6·1 answer
  • Decisions about saving and investment are Multiple Choice generally made under conditions of complete certainty about the future
    5·1 answer
  • A monopolist will hire workers up to the point at which the wage equals the marginal?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!