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A Plus Appliances Sells Dishwashers with a Four-Year Warranty

Question 214

Multiple Choice

A Plus Appliances sells dishwashers with a four-year warranty.In 2019,sales revenue for dishwashers is $94,000.The company estimates warranty expense at 4.5% of revenues.What is the total estimated warranty payable of A Plus Appliances as of December 31,2019? A Plus Appliances began operating in 2019.(Round your final answer to the nearest dollar.)


A) $4230
B) $1058
C) $1548
D) $3318

Correct Answer:

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