Business, 15.07.2019 18:30 yobanajk

Acompany has a selling price of $2,000 each for its printers. each printer has a 2 year warranty that covers replacement of defective parts. it is estimated that 3% of all printers sold will be returned under the warranty at an average cost of $154 each. during november, the company sold 34,000 printers, and 440 printers were serviced under the warranty at a total cost of $59,000. the balance in the estimated warranty liability account at november 1 was $31,000. what is the company's warranty expense for the month of november?

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Acompany has a selling price of $2,000 each for its printers. each printer has a 2 year warranty tha...