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Nelson Industries Warrants Its Products for One Year

Question 65

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Nelson Industries warrants its products for one year.The estimated product warranty is 4.3% of sales.Sales were $475,000 for September.In October,a customer received warranty repairs requiring $215 of parts and $65 of labor.
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Nelson Industries warrants its products for one year.The estimated product warranty is 4.3% of sales.Sales were $475,000 for September.In October,a customer received warranty repairs requiring $215 of parts and $65 of labor. ​ ​ ​ ​

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