Manuel Banales, Marketing Director of Plano Power Plants, In…

Manuel Banales, Marketing Director of Plano Power Plants, Inc.’s Electrical Division, is leading a study to identify and assess the relative importance of product features. Manuel directs his staff to design a survey questionnaire and distribute it to 100 of Plano’s 954 customers. Manuel is ordering a                    _  

A market research team compiled the following discrete proba…

A market research team compiled the following discrete probability distribution.  In this distribution, x represents the number of automobiles owned by a family.                   x               P(x)                 0               0.10                  1               0.10                 2               0.50                 3               0.30             The mean (average) value of x is_____________.        

Punt Inc sold merchandise to the AAA Accounting Firm for $15…

Punt Inc sold merchandise to the AAA Accounting Firm for $15,600. The cost of merchandise was $7,200. The sale is subject to terms 1/10, n/30, FOB shipping point. A. What is the amount of the sales discount? B. Who will pay the freight? C. What is the general journal entry for the sale of the merchandise? *Don’t forget inventory

Excom sells radios and each unit carries a two-year replacem…

Excom sells radios and each unit carries a two-year replacement warranty. 5% of the radios sold typically need to be replaced costing Excom $30 per radio. During September, Excom sold 100 radios for $50 each. For what amount in September would Excom debit Product Warranty Expense?