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Synergy Appliances Sells Dishwashers with a Four Year Warranty

Question 30

Multiple Choice

Synergy Appliances sells dishwashers with a four year warranty.In 2016,sales revenue for dishwashers is $97,000.The company estimates warranty expense at 4.5% of revenues.What is the 2016 warranty expense?


A) $0
B) $3423.53
C) $1091.25
D) $4365

Correct Answer:

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