Answer:
Warranty liability $2,128
Explanation:
680 phones sold x 5% x $76 per repaired phone = $2,584 total warranty liability
6 phones were repaired during the year x $76 = $456
remaining warranty liability = total estimated liability - money spent repairing phones during the year = $2,584 - $456 = $2,128
total outstanding warranty liability = $2,128
Since phone warranties last less than a year, the full amount should be recorded under current liabilities.
The correct answer is A because you are going to split the workers up in what type of work they do.
<span>Hope I helped</span>
Answer:
The answer is $119,000
Explanation:
cost of merchandise sold = Sales - Gross profit.
To find gross profit:
Gross profit rate x sales
0.42 x $1,450,000
= $609,000.
Now to calculate Cost of Sales:
Cost of Sales = Sales - gross profit
$1,450,000 - $609,000
$841,000
Now to calculate Estimated ending merchandise inventory:
Beginning merchandise inventory + purchases - cost of sales
=$100,000 + $860,000 - $841,000
=$119,000
Answer:
I believe the answer is B, so Shoe leather Cost
Answer:1. Advertising
2. D. They have more information about the product and the increased promotions give the consumers deals they otherwise would not have experienced.
Explanation:
The war between Pepsi and Coca- Cola is an advertisement war in which each is trying to gain the consumers patronage by proving the superiority of their product over others. It has nothing to do with research, price nor efficiency.
The advertisement provides more information on the product to the consumers and promotion offer like free gift which they hitherto would not have enjoyed.
Marketing or advertising cost are not passed to consumers and the advertisement been interesting adds little or no value to the consumers.
