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Business, 07.05.2020 10:59 Jalyn4262

Porter's Company sells merchandise with ONE year Warranty. In 2013, Sales consisted of 1,500 units. It is Estimated that Warranty Repairs will average $10 per Unit Sold, and 30%, of repairs will be made in 2013 and 70% in 2014. In the 2013 Income Statement, Porter's should show Warranty Expense of:

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Porter's Company sells merchandise with ONE year Warranty. In 2013, Sales consisted of 1,500 units....
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