Validate the 2016 allowance Warranty expenses MILLER THEQUENT You are performing a final review of MLRs warranty accrual and provision in order to assess the reasonableness of the disclosed amounts. You are satisfied that all hard datases, cost of sales and amounts changed to the acc a re materially correct Sales indude a one-year product warranty. At the time of the sale MR acou for warranty Corts as a component of siling general and administrative costs. The initial systems' warranty accrual is based upon historical experience, expected future costs and specific identification of systems' requirements The following are selected data for the most recent years, including the year under audit 2016 REOURED Perfomanilyn regression through the origin with the stjective of s ing the reasonableness of the warranty provision per for 2016 Analyze the data for one regression model of your choosing Draw a conclusion regarding the reasonableness of MR's 2016 accrual Your work should be clear, neat, and in good professional form. They cantions are done with the RTO er plate below. Pay attention to sub- scripting. Al work should be presented in this spreadsheet SOROLL DOWN 361.214 CUSIC SGA Selling wall minister AWC. Being and red warranty cost WX Alime WCE Le Claimchar the accu ANCI Ending balance, or warranty 1958 -2420 -2.359 -2.554 310 REQUIRED ESTIMATED PROVISION WARRANTY EXPENSE Dryck and apply repression through the engin (KTOto the weakness of the 2016 warranty Validate the 2016 allowance Warranty expenses MILLER THEQUENT You are performing a final review of MLRs warranty accrual and provision in order to assess the reasonableness of the disclosed amounts. You are satisfied that all hard datases, cost of sales and amounts changed to the acc a re materially correct Sales indude a one-year product warranty. At the time of the sale MR acou for warranty Corts as a component of siling general and administrative costs. The initial systems' warranty accrual is based upon historical experience, expected future costs and specific identification of systems' requirements The following are selected data for the most recent years, including the year under audit 2016 REOURED Perfomanilyn regression through the origin with the stjective of s ing the reasonableness of the warranty provision per for 2016 Analyze the data for one regression model of your choosing Draw a conclusion regarding the reasonableness of MR's 2016 accrual Your work should be clear, neat, and in good professional form. They cantions are done with the RTO er plate below. Pay attention to sub- scripting. Al work should be presented in this spreadsheet SOROLL DOWN 361.214 CUSIC SGA Selling wall minister AWC. Being and red warranty cost WX Alime WCE Le Claimchar the accu ANCI Ending balance, or warranty 1958 -2420 -2.359 -2.554 310 REQUIRED ESTIMATED PROVISION WARRANTY EXPENSE Dryck and apply repression through the engin (KTOto the weakness of the 2016 warranty
