Use the Following Information for Questions Below
Radio Hut Inc

question 52

Multiple Choice

Use the following information for questions below
Radio Hut Inc.offers a two-year assurance warranty against failure of its products.The estimated liability is 1.5% in the year of sale and 3% in the second year.Sales and actual warranty expense for 2020 and 2021 were:
$$\begin{array} { l c c } & \text { Sales } & \text { Actual Warranty Costs Incurred During Year } \\2020 & \$ 3,500,000 & \$ 110,000 \\2021 & \$ 3,900,000 & \$ 195,000\end{array}$$
-The warranty expense for 2021 was

• A)$157,500.
• B)$175,500.
• C)$195,000.
• D)$305,000.

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Definitions:

Dietary Reference Intakes

A set of reference values used to plan and assess nutrient intakes of healthy people, including RDAs, AIs, ULs, and EERs.

Adequate Intake

Adequate Intake refers to a recommended average daily nutrient intake level, based on estimations when there is not enough evidence to establish a precise RDA (Recommended Dietary Allowance).

RDA

The Recommended Dietary Allowance, which is the average daily dietary intake level sufficient to meet the nutrient requirements of nearly all (97%-98%) healthy individuals.

Body Mass Index

A numerical measurement of a person's body weight in relation to their height.