Business-process outsourcing (BPO) is a type of outsourcing that consists of contracting operations and responsibilities of a sp

Answer:

The cost of goods manufactured equals 650,000.

Explanation:

Based on the following details:

Beginning inventory= $250,000

Cost accumulated during the period= $500,000

Ending work in process inventory= $100,000.

To find the cost of goods manufactured, apply this formula:

cost of goods manufactured= beginning WIP + cost incurred - Ending WIP

cost of goods manufactured= 250,000 + 500,000 - 100,000

cost of goods manufactured= 650,000

a. Cash Dr, $5,400

     To Sales $5,400

(Recording sales transaction)

b. Warranty Expense Dr, $330  

Estimated Warranty Liability $330

(Recording recognized warranty expense)  

($5,500 × 6%)

c. Estimated Warranty Liability Dr, $435

       To Inventory $435

(Recording warranty execution)  

(29 razors × $15)

d. Cash Dr, $16,200  

       To Sales $16,200

(Recording sales transaction)

e. Estimated Warranty Liability Dr, $360

        To Inventory $360

(Recording warranty execution)

(24 × $15)

f. Warranty Expense Dr, $972

           To Estimated Warranty Liability $972

(Recording recognized warranty expense)

($16,200 × 6%)

2. The amount of warranty expense for November 2016 and December 2016 is as follows:-

Warranty Expense for Nov 2016 = $5,500 × 6%

= $330

Warranty Expense for Dec 2016 = $16,200 × 6%

= $972

3. The warranty expense for January 2017 is computed as follows:-

Warranty Expense for Jan 2017 =$10,800 × 6%

=$648

4. The balance of the Estimated Warranty Liability account on December 31, 2016 is calculated as:-

Balance of Estimated Warranty Liability on 31 Dec 2016 = Warranty Liability for Nov 2016 + Warranty Liability for Dec 2016 - Warranty Claim in Dec 2016

=$330 + $972 - $648

=$654

5. The balance of the Estimated Warranty Liability account on January 31, 2017 is calculated as:-

Balance of Estimated Warranty Liability on 31st Jan 2017 = Balance on 31 Dec 2016 + Warranty Liability for Jan 2017 - Warranty Claim in Jan 2017

=$654 + $648 - (29 × $15)

=$654 + $648 - $435

=$867

Answer:

The correct answer is "600000".

Explanation:

The values provided are:

Cost of office furniture,

= $100,000

Cost of the computer system,

= $500,000

• The revised MACRS allows a corporation to gradually reduce the mortgage balance of such depreciating assets.
• In the initial years, MACRS permits accelerated depreciation but then slows down the process. This is advantageous for businesses from a taxation perspective.

Now,

The cost recovery deduction is calculated as:

=

Substituting the values gives us

=

=

Answer:

Option E. 8 percent interest over a period of 10 years

Explanation:

The formula for Present Value Impact Factor is

PVIF = a / (1 + r)^ n

Where

a represents the future amount to be received

r stands for the discount interest rate

and n signifies the number of years or any time period

If the denominator grows larger, the Present Value Interest Factor will decrease, implying that the highest denominator occurs at 8 percent interest for 10 years. Therefore, option E is correct.