8. suppose that you are assigning costs to a major project to be undertaken this year by your firm, dynosoft applications. one particular coding process involves many labor-hours, but highly redundant work. you anticipate a total of 200,000 labor-hours to complete the first iteration of the coding and a learning curve rate of 70% (learning curve coefficient = .214 unit time, pinto, p.285). you are attempting to estimate the cost of the twentieth (steady state) iteration of this coding sequence. based on this information and a $60 per hour labor rate, what would you expect to budget as the cost of the twentieth iteration?

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?