chapnik equipment corporation cec produced custom designed machinery for a long time customer the direct cost to produce the machinery was 1 4

Required:
Prepare the entries concerning the sale and the warranty that the company would make from 30 September 20X1 through 30 September 20X3 under each of the following two assumptions:
1. Assume that warranty cost is in the form of an assurance.
2. Assume instead that CEC also sells the warranty as a separate service. CEC management estimates that of the $ 2 million total revenue, 6% should be allocated as revenue relating to the warranty. The warranty- related revenue will be recognized in earnings straight- line through the warranty period.

NOTE:
We have worked on a similar assignment and our student scored better and met their deadline. All our tasks are done from scratch, well researched and 100% unique, so entrust us with your assignment and I guarantee you will like our services and even engage us for your future tasks. Click below button to submit your specifications and get order quote

Don't use plagiarized sources. Get Your Custom Essay on
chapnik equipment corporation cec produced custom designed machinery for a long time customer the direct cost to produce the machinery was 1 4
Just from $13/Page
Order Now
Get started