Use the Following Information for Questions

question 94

Multiple Choice

Use the following information for questions.
Mott Co.includes one coupon in each bag of dog food it sells.In return for eight coupons, customers receive a leash.The leashes cost Mott $2.00 each.Mott estimates that 40 percent of the coupons will be redeemed.Data for 2010 and 2011 are as follows:
-The premium expense for 2010 is

• A)$25,000.
• B)$30,000.
• C)$35,000.
• D)$50,000.

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Definitions:

Maxilla

The upper jaw bone in vertebrates that forms the major portion of the face, involved in forming the boundaries of the mouth and nasal cavity.

Zygomatic

Pertaining to the zygomatic bone or zygoma, which is a part of the skull that forms the prominence of the cheek.

Lacrimal

Pertaining to tears or the tear system, including glands and ducts involved in tear production and drainage.

Ethmoid

A porous bone located between the eyes and forming part of the nasal cavities, contributing to the structure of the face and protection of the brain.