Business, 18.12.2019 05:31 veraanna2015
Victor's vacuum sales co. sells high quality vacuums and provides a one-year warranty on all new sales. based on history, victor anticipates that 3% of vacuums will be returned at a cost of $30 per vacuum. during the month, victor sold 100 vacuums for a total of $35,000. at the end of the month, victor will record in warranty expense.
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