Question: Excom sells radios and each unit carries a two-year replacement warranty. Typically, 5% of the radios sold need to be replaced costing Excom $23 per
Excom sells radios and each unit carries a two-year replacement warranty. Typically, 5% of the radios sold need to be replaced costing Excom $23 per radio. During September, Excom sold 360 radios for $48 each. For what amount in September would Excom debit Product Warranty Expense? Round your answer to the nearest whole dollar.
a. $414
b. $23
c. $48
d. $17,280
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