Charcoal grills, accessories, and installation services for custom patio grilling stations. the state of kentucky is planning major renovations in its parks during 2017 and enters into a contract with bbq to purchase 400 durable, easy maintenance, standard charcoal grills during 2017. the grills are priced at $200 each (with a cost of $160 each), and bbq provides a 6% volume discount if kentucky purchases at least 300 grills during 2017. on april 17, 2017, bbq company delivered and received payment for 280 grills. based on prior experience with the state of kentucky renovation projects, the delivery of this many grills makes it certain that kentucky will meet the discount threshold later that same year. what amount of revenue should bbq report for these units sold on april 17th?

When marietta chooses to only purchase a combination of goods that lie within her budget line, she: is decreasing utility. is maximizing utility. likely has negative savings. must reduce the quantity?

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?