Answer:
the warranty expense reported is $138,000
Explanation:
a. The computation of the warranty expense that should be reported in its current period income statement is shown below:
= Given percentage × units sold × repair average cost
= 2% × 69,000 units × $100 per units
= $138,000
Hence, the warranty expense reported is $138,000
According to the textbook, the five competitive forces included in the five-forces model determine:
the average rate of return for the firms in an industry
Answer to the question is microeconomics.
Microeconomics is a branch of mainstream economics that studies the behavior of persons and corporations in making selections related to the allocation of scarce sources and the interactions amongst these people and firms.
<h3>What is the difference between macroeconomics vs microeconomics?</h3>
Microeconomics has applications in trade, industrial organisation and market structure, labor economics, public finance, and welfare economics. Macroeconomics is the find out about of the selections of countries and governments. The term analyzes whole industries and economics instead than folks or specific companies.
Learn more about microeconomics here;
<h3>
brainly.com/question/8648375</h3><h3 /><h3>#SPJ4</h3>
Answer:
$51
Explanation:
Data provided:
Sales function as: ( q = −p + 136 ) million phones
here, p is price in dollars
a) supply function as: ( q = 9p - 374 ) million phones
now,
for equilibrium price, the supply should be equal to the sales
i.e
−p + 136 = 9p - 374
or
136 + 374 = 9p + p
or
10p = 510
or
p = $51
Hence, the equilibrium price should be $51
Answer:
Stakeholder
Explanation:
The stakeholder refers to the person who has an interest in the company performance except for stock related. It could be employees, suppliers, customers, etc
In the given situation, since it is mentioned that the Trux inc building the products like beams and panels and they take it from a local supplier and sold to a customer so here local supplier is the stakeholder
