Business, 15.11.2019 02:31, ethanw8973

Camping co. was organized to sell a single product that carries a 45-day warranty against defects. engineering estimates indicate that 8% of the units sold will prove defective and require an average repair cost of $ 65 per unit. during camping's first month of operations, total sales were 1, 000 units; by the end of the month, six defective units had been repaired. the liability for product warranties at month-end should be:
a) $1,700
b) $1.300
c) $1.500
d) $200
e) none of these

Answers: 2

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Camping co. was organized to sell a single product that carries a 45-day warranty against defects. e...