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Saved Help Save & Exit mework 2 TB MC Qu. 11-115 A company has a...

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Saved Help Save & Exit mework 2 TB MC Qu. 11-115 A company has a selling price... A company has a selling price of $1,550 each for its printers. Each printer has a 2 year warranty that covers replacement of defective parts. It is estimated that 2% of all printers sold will be returned under the warranty at an average cost of $145 each. During November, the company sold 25,000 printers, and 350 printers were serviced under the warranty. What is the company's warranty expense for the month of November? Multiple Choice $72.500 $50.750 $72,500 $50,750 $50,000 $23.500 $36.250

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