A company has a selling price of $1,550 each for its printers. each printer has a 2 year warranty that covers replacement of defective parts. it is estimated that 2% of all printers sold will be returned under the warranty at an average cost of $145 each. during november, the company sold 25,000 printers, and 350 printers were serviced under the warranty at a total cost of $50,000. the balance in the estimated warranty liability account at november 1 was $26,500. what is the company's warranty expense for the month of november?

Jiffy printing shops does a lot of printing job for college students. the shop use an average of 25 cases of copy paper each day during the 312 days last year. the shop opens 6 days a week for 52 weeks each year and closes on sundays. each case of paper costs $35. it conducts a count of its paper inventory at the end of every quarter of the year. the table below shows the inventory counting records for last year. inventory end of quarter 1 700 cases end of quarter 2 1,050 cases end of quarter 3 920 cases end of quarter 4 800 cases 1. what's jiffy's cost of goods sold last year? 2. what's jiffy's average aggregate inventory value? 3. what's jiffy's inventory turnover last year? 4. what is the printing shop's weeks of supply last year?