Business, 05.05.2020 16:40 ricky9070

A company has a selling price of $1,550 each for its printers. each printer has a 2 year warranty that covers replacement of defective parts. it is estimated that 2% of all printers sold will be returned under the warranty at an average cost of $145 each. during november, the company sold 25,000 printers, and 350 printers were serviced under the warranty at a total cost of $50,000. the balance in the estimated warranty liability account at november 1 was $26,500. what is the company's warranty expense for the month of november?

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A company has a selling price of $1,550 each for its printers. each printer has a 2 year warranty th...

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