In 2023, Quapau Products introduced a new line of hot water heaters that carry a...
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In Quapau Products introduced a new line of hot water heaters that carry a oneyear warranty against manufacturers defects. Based on industry experience, warranty costs were expected to approximate of sales revenue. Firstyear sales of the heaters were $ An evaluation of the companys claims experience in late indicated that actual claims were less than expected of sales rather than
Assuming sales of the heaters in were $ and warranty expenditures in totaled $ what is the warranty expense?
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