Youngstown Company sells merchandise with a one year warranty. Sales consisted of 2,500 units in 2013 and 2,000 units in 2014 . It is estimated that warranty repairs will average $10 per unit sold, and 30% of the repairs will be made in 2013 and 70% in 2014 for the 2013 sales. Similarly, 30% of repairs will be made in 2014 and 70% in 2015 for the 2014 sales. In the 2014 income statement, how much
of the warranty expense shown will be due to 2013 sales?
a. $7,500
b. $17,500
c. $25,000
d. $0
e. $12,500
D
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The difference between labor productivity growth and growth in compensation per hour has been the greatest in the
A. long boom period. B. economic liftoff period. C. Great Depression period. D. reorganization period.
Identify and explain the three factors that influence boundary coordination.
What will be an ideal response?
. _____________ can limit innovation and is a lose-lose approach to decision making.
a. Majority rule b. Compromise c. Consensus d. Decision by leader
Which of the following statements about ethical intention is accurate?
a. Ethical intention leads to ethical judgment. b. Just because a person forms an ethical intention does not mean he or she will act on it. c. It is easier to form an unethical intention than an ethical intention. d. Old habits help strengthen the will to follow through with an ethical intention.