Business
Business, 29.08.2019 18:10, brainBoy480

Butcher co. sold 10,000 toys in year4 for $20 each. the company expects that 5% of the toys will be returned under warranty for a refund of the sales price in the 2-year warranty period. there were $6,000 of warranty obligations paid in cash during year4. what is butcher's warranty expense for year4?

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Butcher co. sold 10,000 toys in year4 for $20 each. the company expects that 5% of the toys will be...

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