Fun foods inc. is a snack manufacturer that wants to expand globally. few people abroad are familiar with fun foods snacks. the countries into which the company wants to expand require a high degree of local responsiveness when it comes to food, and the citizens of those countries already spend plenty of money on snacks. which action should the leaders of fun foods take? a. achieve economies of scale by using the global-standardization approach. b. appease pressures for cost reductions by following the transnational approach. c. pursue a multidomestic strategy that includes new "local" brands.

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?