Afriend comes up to you and offers to give you a free ticket to the local professional team's baseball game that night. you decide to attend the game. the game takes five hours and costs you $15 for transportation. if you had not attended the game, you would have worked at your part-time job for $8 an hour. what is the cost to you of attending the game?

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?