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Business, 14.04.2020 20:35 kiki8734

Excom sells radios and each unit carries a two-year replacement warranty. The cost of repair defects under the warranty is estimated at 5% of the sales price. During September, Excom sells 132 radios for $54 each. One radio is actually replaced during September. For what amount in September would Excom debit Product Warranty Expense?

A. $4,088
B. $28
C. $49
D. $358

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