Examining Energy Transmission Careers Taisha operates equipment to transfer oil from one container to another. Her job title is best described as Spencer manages the flow of electricity through substations and distribution lines. His job title is best described as Mariko maintains cables and supporting structures for transmitting electricity. Her job title is best described as Fred operates equipment to transfer hydrogen through pipelines. His job title is best described as

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?