ModuleOneHWP13-12

ModuleOneHWP13-12 - 4) Inv. 1/1/10 37600 Premium CD Players...

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P13-12 5700000 Estimated Warranty Cost 0.02 Warranty Expense for 2010 114000 2) Estimated Liabilities - Warranties - 1/1/10 136000 2010 Warranty Expense 114000 Subtotal 250000 Actual Costs -164000 Estimated Liabilties - 12/31/10 86000 3) Premium ExpenseCoupons Issued 1500000 Est. Redemption Rate 0.6 Est. # of Coupons to be Redeemed 900000 Exchange Rate 200 Est. # of Prem. CD Players to be Issued 4500 Net Cost ($32-20) 12 Premium Expense 54000
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Unformatted text preview: 4) Inv. 1/1/10 37600 Premium CD Players Purchased during 20 208000 Prem. CD Players Avail. 245600 Prem. CD Players Exchanged for Coup - 2 192000 Inv. Of Premium CD Players 12/31/10 53600 5) Estimated Liability for Premiums - 1/1/10 44800 2010 Premium Expense 54000 Subtotal 98800 Actual Redemptions During 2010 72000 Estimated Liability for Premiums - 12/31/1 26800 Inventory of Premium CD Players Estimated Premium Claims Outstanding...
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This note was uploaded on 04/06/2011 for the course ACC 300 taught by Professor Barga during the Spring '11 term at St. Leo.

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