Multiple Choice
Ace Appliances sells dishwashers with a 3- year warranty. In 2013, there are $90 000 of sales revenues for dishwashers. The company estimates warranty expense at 3% of revenues. What is the 2013 warranty expense?
A) $3 000
B) $0
C) $800
D) $2 700
Correct Answer:
Verified
Correct Answer:
Verified
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