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On December 1, Wynn Company introduces a new product that includes a one-year warranty on parts. In December, 500 units
Posted: Wed Jul 06, 2022 6:09 am
by answerhappygod
- On December 1 Wynn Company Introduces A New Product That Includes A One Year Warranty On Parts In December 500 Units 1 (89.45 KiB) Viewed 14 times
On December 1, Wynn
Company introduces a new product that includes a one-year warranty on parts. In December, 500 units are sold. Management believes that 5% of the units will be defective and that the average warranty costs will be P60 per unit. Determine the estimated warranty cost at December 31. P1,500 P30,000 O P500 O P1,000