subject
Business, 19.10.2019 03:10 perezsharisse24

Alvarado company sells a machine for $8,050 with a 12-month warranty agreement that requires the company to replace all defective parts and to provide the repair labor at no cost to the customers. with sales being made evenly throughout the year, the company sells 540 machines in 2014, its first year of operation (warranty costs are incurred half in 2014 and half in 2015). as a result of product testing, the company estimates that the warranty cost is $395 per machine ($172 parts and $223 labor).

assuming that actual warranty costs are incurred exactly as estimated, what is the balance in the warranty liability account at december 31, 2014?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 16:40
Based on what you learned about time management which of these statements are true
Answers: 1
question
Business, 22.06.2019 19:10
Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position
Answers: 3
question
Business, 22.06.2019 19:20
Sanibel autos inc. merged with its competitor vroom autos inc. this allowed sanibel autos to use its technological competencies along with vroom autos' marketing capabilities to capture a larger market share than what the two entities individually held. what type of integration does this scenario best illustrate? a. vertical b. technological c. horizontal d. perfect
Answers: 2
question
Business, 23.06.2019 02:00
Which of the statements is true about the values recorded in the balance sheet of a firm?
Answers: 2
You know the right answer?
Alvarado company sells a machine for $8,050 with a 12-month warranty agreement that requires the com...
Questions
question
Mathematics, 11.02.2021 05:00
question
Mathematics, 11.02.2021 05:00
question
Social Studies, 11.02.2021 05:00
question
Mathematics, 11.02.2021 05:00
question
Mathematics, 11.02.2021 05:00
question
Mathematics, 11.02.2021 05:00
Questions on the website: 13722363