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Unformatted text preview: 3,600 Net cost of CD players 12 Premium expense 43,200 4- Inventory of premium CD players Inventory of premium CD players 37,600 CD player purchase in 2010 208,000 CD players available 245,600 CD players exchanged for coupons 192,000 Inventory of premium CD players 53,600 5- Estimated Premium claims outstanding Estimated Premium claims outstanding 44,800 Premium expense 43,200 Total 88,000 Actual redemption 72,000 Estimated Premium claims outstanding 16,000...
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This note was uploaded on 01/30/2011 for the course ACCOUNTING 441 taught by Professor Koren during the Spring '10 term at University of South Florida - Tampa.
- Spring '10