A Company Sells Tablet Computers for $1,300 Each

question 95

Essay

A company sells tablet computers for $1,300 each.The price includes a two-year warranty.During the current year,the company sells 400 tablets.On the basis of past experience,the warranty costs are estimated to be $280 per tablet.The actual warranty costs (paid in cash)by the company during the current year were $65,000.Prepare general journal entries to record the (a)estimated warranty expense and (b)warranty repair costs during current year.

Identify the environmental factors influencing organizational functionality and design.

Recognize the importance of organizational design in facilitating effective communication and goal accomplishment.

Distinguish between different organizational designs: network, multidivisional, geographical, and product designs.

Assess the impact of organizational design on decision making, information flow, and response to environmental changes.

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Definitions:

Premorbid Functioning

The level of cognitive, social, and occupational function before the onset of a disorder or disease.

Level of Functioning

An assessment of an individual's ability to perform daily activities and fulfill social roles.

Onset of a Disorder

The beginning or initial manifestation of a disorder's symptoms.

Mary Parker Follett

An early 20th-century social worker and management consultant who emphasized the importance of negotiation, power-sharing, and constructive conflict resolution in organizational settings.