For what amount in september would excom debit product

Assignment Help Financial Management
Reference no: EM132366633

Question

Excom sells radios and each unit carries a two-year replacement warranty. Typically, 5% of the radios sold need to be replaced costing Excom $30 per radio. During September, Excom sold 640 radios for $40 each. For what amount in September would Excom debit Product Warranty Expense? Round your answer to the nearest whole dollar.

Reference no: EM132366633

Questions Cloud

What key leadership and management concepts are needed : What key leadership and management concepts are needed for optimal patient care using this definition? How would you present new strategies.
What is the net amount to be paid to jackson : Martin Jackson receives an hourly wage rate of $19, with time-and-a-half pay for all hours worked in excess of 40 hours during a week.
Process versus an individual decision making process : Discuss the advantages and disadvantages of using a group decision making process versus an individual decision making process.
How does staffing of a given unit relate to staffing pattern : How does the staffing of a given unit relate to the staffing patterns of the total organization? Should the staffing pattern of a given unit relate.
For what amount in september would excom debit product : During September, Excom sold 640 radios for $40 each. For what amount in September would Excom debit Product Warranty Expense?
Describe some management styles and practices : Describe some management styles and practices that will be effective for the United States of America's businesses in the next decade.
What is the potential impact of such technology : Describe an additional technological example that shares similar ethical concerns. What is the potential impact of such a technology?
Five functions of management : Which of the following management theorists attending the dinner Developed the idea that there are five functions of management
Leadership concepts and theory to workplace practices : Why is it important to make the connection between leadership concepts and theory to workplace practices?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd