Shear Company Sells Computer Equipment with a 2-Year Warranty

question 32

Multiple Choice

Shear Company sells computer equipment with a 2-year warranty. Prior experience indicates that costs associated with this warranty average 1% in the first year and 2% in the second year. In 2021, Shear had sales of $1,800,000. It paid $250,000 for materials and labour to make warranty-related repairs in 2021. What amount should the warranty expense for 2021 be?

• A)$18,000
• B)$36,000
• C)$54,000
• D)$250,000

Summarize the attributes of high-quality information and its importance in supply chain management (SCM).

Identify the principle supply chain information requirements for effective decision-making.

Compare licensed software and Software as a Service (SaaS) purchasing options.

Recognize common issues in SCM systems integration and the importance of technology and process alignment.

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Definitions:

Style

The distinct manner or technique an author uses in writing or creation, including elements of language, punctuation, and presentation.

Diction

Diction refers to the choice and use of words and phrases in speech or writing, highlighting clarity, accent, and style.

Mechanics

In the context of games and literature, it refers to the rules and systems that govern the functioning and progression within the environment.

Revising

The process of making changes to something, especially text, in order to improve it or to correct errors.