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Business, 26.11.2019 00:31 broyochey1

Bret company sold 3,000 holsks during 2018 at a total price of $12,000,000, with a warranty guarantee that the product was free of any defects. the cost of holsks sold is $7,200,000. the term of the assurance warranty is two years, with an estimated cost of $80,000. in addition, bret sold extended warranties related to 1,100 holsks for 3 years beyond the 2-year period for $110,000. bret should recognize unearned warranty revenue in 2018 )$110,000.(b)$0.(c)$80,000.(d)$190, 000.

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