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What company should show warranty expense

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Question 1: Company sells merchandise with a one year warranty. In 2012, sales consisted of 2,500 units. It is estimated that warranty repairs will average $10 per unit sold, and 30% of the repairs will be made in 2012 and 70% in 2013. In the 2012 income statement, Company should show warranty expense of what?

Reference no: EM132570396

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