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
vladimir2022 [97]
3 years ago
6

During 2011, Gum Co. introduced a new product carrying a two- year warranty against defects.

Business
1 answer:
Anna71 [15]3 years ago
4 0

The amount that Gum should report as estimated warranty expense on its December 31, 2012 balance sheet is $14,250.

First step is to calculate the estimated cost related to dollar sales

Estimated cost related to dollar sales=2%+4%

Estimated cost related to dollar sales= 6%

Second step is to calculate the estimated warranty expense that should be reported

Estimated warranty expense =(400,000×6%)-Total of actual warranty expenditures of $9,750

Estimated warranty expense=$24,000-$9,750

Estimated warranty expense=$14,250

Inconclusion the amount that Gum should report as estimated warranty expense on its December 31, 2012 balance sheet is $14,250.

Learn more about warrantee expense here:brainly.com/question/14070965

You might be interested in
A public debt which is owed to foreigners can be burdensome because: a foreign interest rates are persistently higher than domes
yulyashka [42]
<span>A public debt owed to foreigners can be burdensome because B) payment of interest reduces the volume of goods. This can usually be seen illustrated in the form of a nation lending another nation money. The debt is public because the whole nation takes it on. The lending nation then is lacking in terms of use by the lending nation.</span>
4 0
3 years ago
Which lists the order of Energy Career Pathways from the source to the customer?
Goshia [24]

The answer is A the first path is a worker in energy generation, followed by energy transmission, and the final passage is energy distribution.

<h2>Further Explanation:</h2>

The career pathways are a set of profession step in professional work. The path for people who work in energy-related practice is started.

1. Energy generation: The energy such as electrical power comes from the various resource, it could be from the solar panel, gas, or old fossil electrical plant. The career here can be an engineer, the researcher.

2. Energy transmission: Transmission in electrical power is a process from the resource of where the electricity is generated into the final destination where the power is distributed.

3. Energy distribution: The distribution is the last passage where the energy is distributed to the micro organization such as household, firm, supermarket, and many others.

<h2>Details</h2>

Material : Business

Sub chapter : Career pathways

<h2>Know more </h2>

How the energy is transmitted brainly.com/question/11548873

8 0
3 years ago
Read 2 more answers
wo firms, A and B, each currently emit 100 tons of chemicals into the air. The government has decided to reduce the pollution an
almond37 [142]

Answer:

Firm A will buy all of the firm B's pollution permits. Each one will cost between $100 and $200.

Explanation:

The firm B will gain from the trade of pollution permits. Firm A will need higher pollution permits since it emits 100 tons of chemicals into air and the cost for eliminating each ton is $200. This cost is higher than the cost to Firm B which is $100 only. Firm A will buy all the pollution permits from Firm B and there will advantage for the Firm B to gain from the trade.

3 0
3 years ago
The effective rate of a $25,000 non-interest-bearing simple discount 10%, 90-day note is
Vlada [557]
<span>For the answer to the question above, the $25,000 due in 90 days.
 I'll use 365 days per year. 10% simple discount:
25000*0.10(90/365) = 616.44
Cash in hand at the beginning of the 90 days:
25000 - 616.44 = 24,383.56

Solve for r: 616.44 = 24383.56*r*(90/365) 

r = 0.10252837 or the nearest answer is letter <span>C. 10.26%
It is not exact because maybe he rounded  off the </span></span>24383.56 
5 0
3 years ago
You are angry at a friend who forgot to meet you for lunch, and you decide to write an e-mail about how it made you feel. What s
maw [93]
Think about it first because you don't know why they forgot to meet you. Something could have happened. So if your that angry call to find out what was the reason they didn't meet you.
4 0
3 years ago
Other questions:
  • PC​ Solutions, Inc. provides services to corporate and individual customers. During the month of​ June, the corporate business s
    6·1 answer
  • In order to assure better management acceptance, the flow of input data for budgeting should begin with the
    9·1 answer
  • An economist conducted a study of the possible association between weekly income and weekly grocery expenditures. The particular
    8·1 answer
  • Rocky industries received its telephone bill in the amount of $300 and immediately paid it. rocky's journal entry to record this
    7·1 answer
  • Budgeted financial statements are financial statements based on budgeted amounts rather than actual amounts.
    10·1 answer
  • Suppose that a firm begins to hire workers for a newly completed plant with a fixed amount of machinery. As the firm hires addit
    15·1 answer
  • Mary makes 10 pies and 20 cakes a day and her opportunity cost of producing a cake is 2 pies. Tim makes 20 pies and 10 cakes a d
    11·1 answer
  • What should you do during the development phase regardless of the type of event you are implementing?
    7·1 answer
  • _______ consumers in the united states have increasing influences on mainstream u. S. Culture, and the buying power of this grou
    6·1 answer
  • As sam walks down the street, a man asks him for $10. sam refuses. the man then asks for $2. sam gives him the money. the man ha
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!