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Business, 27.11.2019 07:31 Anliz0179

Aviation systems sells its products with a three-year manufacturing warranty. the company's sales revenue is $600,000. based on prior experience, the company estimates that warranty costs are 5% of sales revenue. actual warranty costs related to these sales were $5,000 during the year. how much warranty expense should the company record this year? a. $30,000. b. $25,000. c. $10,000. d. $5,000. e. 25,000

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