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Fittoniya [83]
3 years ago
6

Panther Co. had a quality-assurance warranty liability of $350,000 at the beginning of 2021 and $310,000 at the end of 2021. War

ranty expense is based on 4% of sales, which were $50 million for the year. What amount of warranty costs were paid during 2021?
a. $0.
b. $1,960,000.
c. $2,000,000.
d. $2,040,000.
Business
1 answer:
Diano4ka-milaya [45]3 years ago
7 0

Answer:B

Explanation: :)

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The Melville Corporation produces a single product called a Pong. Melville has the capacity to produce 60,000 Pongs each year. I
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Answer:

Financial advantage $159,000

Explanation:

unit variable cost = 15 + 12 + 8 + (25%×8) = $37

Note the selling variable cost is now 25% of the initial cost before the special order because of the 75% savings

The fixed cost were not considered in the analysis because they are not relevant. They would be incurred either way, whether the order is accepted or not

Financial advantage of the special order

                                                                                                 $

Sales revenue from special order = (6,000× $65) =     390,000

Variable cost ( 6000×  $37 )                                  =       (222,000 )

Cost of special machine                                                 <u>( 9,000)</u>

Financial advantage                                                        <u> 159,000</u>

                                         

3 0
3 years ago
What are different occupations in tourism?​
defon

Answer:

The Major Career Options (Traditional Career Paths) in the Travel and Tourism Sector are:

Holiday/Travel Agent.

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3 0
2 years ago
Read 2 more answers
-Ricky Ripov’s Pawn Shop charges an interest rate of 15.25 percent per month on loans to its customers. Like all lenders, Ricky
yuradex [85]

Answer:

183.00%

449.15%

Explanation:

The computation of annual percentage rate and the effective annual rate  shown below:

Annual percentage rate is

= Interest rate per month × Total Number of months  in a year

= 15.25% × 12  months

= 183.00%

The effective annual rate is

= (1 + nominal interest rate ÷ periods)^ number of period - 1

= (1 + 15.25% ÷ 12)^12 - 1

= 449.15%

6 0
3 years ago
You put up $80 at the beginning of the year for an investment. The value of the investment grows 2% and you earn a dividend of $
Evgen [1.6K]

If the value of the investment grows 2% and you earn a dividend of $8.00. Your HPR was 12%.

<h3>HOLDING PERIOD RETURN (HPR)</h3>

Using this formula

HPR=Investment grow+(Dividend/Beginning investment)

Let plug in the formula

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HPR=2% +10%

HPR=12%

Therefore If the value of the investment grows 2% and you earn a dividend of $8.00. Your HPR was 12%.

Learn more about HPR here:brainly.com/question/20383546

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5 0
2 years ago
Architects consider this when designing a building.
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When designing a building an architect consider following things;
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3 years ago
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