Answer:
$18,000
Explanation:
The computation of the warranty expense for the year 2021 is shown below:
Estimated warranty expense = Actual Sales × Actual claims percentage
= $450,000 × 4%
= $18,000
We simply multiplied the actual sales with the percentage of the actual claim so that the estimated warranty expense could come and the same is shown above
<span>The EVMS term that represents the value of work actually accomplished is EV. EVMS stands for earned value management system. This system allows businesses to see the cost that is budgeted for work that needs to be done. EV </span>refers to the earned value that is found in the work being accomplished.
Based on the trust amount and the present value of income, the journal entry in Mansfield's books is:
Date Account title Debit Credit
Beneficiary Interest in Trust $500,000
Contributions with Donor $500,000.
Imposed Restrictions
<h3>What journal entry would record the transaction?</h3>
The beneficiary interest account should be debited with the $500,000 that was used to establish the trust.
It should be credited to the Contributions account but only an account that accounts for the restrictions on usage.
Find out more on journal entries at brainly.com/question/14279491.
#SPJ12
Answer: Trying to improve the product’s performance
Explanation:
Answer:
105
Explanation:
base year = 2016
cost of market basket of goods in base year = $2,000
CPI for base year = 100
year 2018
cost of market basket of goods in 2018 = $2,100
CPI for 2018 = (cost of basket of goods in 2018 / cost of basket of goods in base year) x 100 = ($2,100 / $2,000) x 100 = 105
