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Synergy Appliances Sells Dishwashers with a Four-Year Warranty

Question 122

Multiple Choice

Synergy Appliances sells dishwashers with a four-year warranty.In 2017,sales revenue for dishwashers is $97,000.The company estimates warranty expense at 4.5% of revenues.What is the total estimated warranty payable of Synergy Appliances in 2017? (Round your final answer to the nearest dollar. )


A) $4,365
B) $1,091
C) $1,598
D) $3,424

Correct Answer:

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