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What is ne estimated warranty payable at the end

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Question - Northern Electric (NE) owed Estimated Warranty Payable of $1,200 at the end of 2015. During 2016, NE made sales of $110,000 and expects product warranties to cost the company 44% of the sales. During 2016, NE paid $2,300 for warranties. What is NE's Estimated Warranty Payable at the end of 2016?

A. $5,600

B. $4,400

C. $3,300

D. $2,300

Reference no: EM132079906

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