This is a simple algebra problem.
To determine price, you need to Have the cost of the product plus the markup equals the sales price.
We know the sales price and the markup, so we need to solve for the cost.
9,655= 1.42(x)
X=9,655/1.42
Answer:
c.direct labor dollars, direct labor hours, machine hours
Explanation:
The allocation bases are the base through which the overhead cost is allocated on the basis of direct labor in dollars amount, direct labor hours, machine hours, occupied square foot, etc
The base of allocation is the allocation method through which the indirect cost is distributed to the departments like - production department, service department, etc
I think it would be b cause when the work is done you cant hire new workers to do what is already done
Answer and Explanation:
Cash $940,900
Sales Revenue 940,900
To record Sales
Warranty Expense 122,010
Warranty Liability 122,010
To record estimated warranty
Warranty Liability 74,460
Inventory 74,460
To record warranty claims
Warranty Liability account (122010 - 74460) = 47550
