Answer:
b. False
Explanation:
A warranty disclaimer is defined as a written document or a statement which informs the buyer that the seller of the product is not or guarantees or any promises regarding the product.
This disclaimer releases the seller from any legal liabilities for any defects or failure of the products.
Thus, the answer is False.
Answer:
a. $1,510,000
Explanation:
The computation of the total manufacturing costs is shown below:
= Direct material cost + Direct labor cost + manufacturing overhead cost
where,
Direct material cost = Opening inventory + purchase made - ending inventory
= $200,000 + $500,000 - $240,000
= $460,000
And the other items values remain the same
So, the value would be equal to
= $460,000 + $500,000 + $550,000
= $1,510,000
We assume that the data is given 2018 and 2017
Answer:
Yes
Explanation:
Yes, this concept is an example of supply and demand. When there is a limited supply of a product like the soft drinks in the vending machines then the price would match the number of people that want to buy the product. If in a very hot day more people want to buy a soft drink to cool down then the supply will begin to decrease as more people buy, this will create an increase in price as people would be ok with paying more money in order to be one of the lucky few to get one of the few soft drinks that are left.
Answer:
Explanation:
Sales: 850,000
Variable Cost: (850,000*60%) = <u>510,000</u>
Contribution Margin = 850k-510k= <em>340,000</em>
Fixed cost = 174,000
Depreciation = <u>75,000</u>
Earnings Before Taxes = <em>91,000</em>
Taxes (30%) = <u> (27,300)</u>
<h3>Net Income <u>
63,700</u></h3>
Answer:it helps people business I guess
Explanation: