Multiple Choice
Synergy Appliances sells dishwashers with a four-year warranty.In 2017,sales revenue for dishwashers is $97,000.The company estimates warranty expense at 4.5% of revenues.What is the total estimated warranty payable of Synergy Appliances in 2017?
A) $4,365.00
B) $1,091.25
C) $1,597.59
D) $3,423.53
Correct Answer:
Verified
Correct Answer:
Verified
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