Prist co. had not provided a warranty on its products, but competitive pressures forced management to add this feature beginning 2013. Based on an analysis of customer complaints made over the past two years, the cost of a warranty was estimated at 0.3% of sales. During 2013, sales totaled $3,450,000. Actual costs of servicing products under warranty totaled $9,700. Required:

a. Use horizontal model (or a T account of the estimated warranty liability) to show the effect of having the warranty program during 2013.

b. What type of accrual adjustment should be made at the end of 2013

c. Describe how the amount of the accrual adjustment could be determined.

What is "staffing level"? a) the practice of assigning the same number of workers to each department b) the average educational level attained by employees of a business c) the rank above cashier d) the number of workers assigned to jobs at a particular time

Walmart’s scm system walmart is famous for its low prices, and you may have experienced its low prices first-hand. at least, you have probably seen its motto, “always low prices— always.” one of the biggest reasons walmart is able to sell at prices lower than almost everyone else is that it has a superefficient supply chain. its it-enabled supply chain management system is the envy of the industry because it drives excess time and unnecessary costs out of the supply chain. so, because walmart can buy low, it sells low. as a matter of fact, if your company wants to sell items to walmart for it to sell in its stores, you will have to do business with it electronically. if your company can’t do that, walmart won’t buy anything from you. log on to walmart’s web site (), search for supplier information, and find out what walmart’s requirements are for its suppliers to do business with it electronically. prepare a brief summary of its requirements for presentation in clas

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.