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Business, 02.07.2020 04:01 lilrel8602

Hall Company sells merchandise with a one-year warranty. In the current year, sales consist of 3,999 units. It is estimated that warranty repairs will average $13 per unit sold and 30% of the repairs will be made in the current year and 70% in the next year. In the current year's income statement, Hall should show warranty expense of a.$36,391 b.$15,596 c.$0 d.$51,987

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