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Lana Appliances Sells Dishwashers with a Four-Year Warranty

Question 104

Multiple Choice

Lana Appliances sells dishwashers with a four-year warranty.In 2018,sales revenue for dishwashers is $96,000.The company estimates warranty expense at 4.5% of revenues.What is the 2018 warranty expense? (Round your final answer to the nearest dollar.)


A) $4320
B) $1080
C) $0
D) $3388

Correct Answer:

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