Question Mode

Multiple Choice Question

Victor's Vacuum Sales Co$.$ sells high quality vacuums and provides a one$-$year warranty on all new sales. Based on history, Victor anticipates that $3\%$ of vacuums will be returned at a cost of $$30$ per vacuum. During the month, Victor sold $100$ vacuums for a total of $$35,000.$ At the end of the month, Victor will record Blank$\_\_\_\_\_\_$ in Warranty Expense.

Multiple choice question.

$$90$

$$1,050$

$$3$

$$0$