During May, Claremore sold 500 portable CD players for $50 each. Each CD player cost Claremore $25 to purchase and carried a one-year warranty. If 10 percent typically need to be replaced over the warranty period, what amount should Claremore debit Product Warranty Expense for in May?
a. $2,500
b. $1,250
c. $250
d. $1,000
e. $3,000
B
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DRP is used by companies to ______.
A. systematically plan and control their logistics and product distribution activities B. manage inventory levels of finished products at distribution centers C. ensure continuous improvement of the production process D. integrate data across all functional areas
The acronym SCORE stands for:
a. Standard Computer Operations for Retired Employees b. Service Corps of Retired Employees c. Standard Card Options for Retirees d. Small Central Operating Retired Executives e. Service Corps of Retired Executives
The SEC and Bank of America reached a settlement over charges the SEC brought related to Bank of America's acquisition of Merrill Lynch:
a. That resulted in no fine to Bank of America. b. That resulted in a $150 million fine paid by Bank of America. c. That resulted in the dissolution of Bank of America. d. That required Bank of America to cancel its acquisition of Merrill Lynch.
The process of determining whether there are any subgroups whose proportion in a given job category within a company is substantially different from their proportion in the relevant labor market is called
A. subgroup reconciliation. B. leading indicator. C. discrimination analysis. D. adverse treatment analysis. E. workforce utilization review.