SuperSoda includes 1 coupon for each 2 litre it sells. The retail price for the soda...

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SuperSoda includes 1 coupon for each 2 litre it sells. The retail price for the soda is $2.00. In return for each coupon, customers receive 1 free cup which costs the company $.50. SuperSoda estimates that 50% of the coupons will be redeemed. 2022 Information is as follows: 2 Litres sold Coupons redeemed Cups purchased Record the purchase of the cups (prizes): Record sale of product: CGS Inventory - soda Coupons redeemed: 10,000 100 150 Accrual at 12/31/2022 XXXXX XXXXX SuperSoda includes 1 coupon for each 2 litre it sells. The retail price for the soda is $2.00. In return for each coupon, customers receive 1 free cup which costs the company $.50. SuperSoda estimates that 50% of the coupons will be redeemed. 2022 Information is as follows: 2 Litres sold Coupons redeemed Cups purchased Record the purchase of the cups (prizes): Record sale of product: CGS Inventory - soda Coupons redeemed: 10,000 100 150 Accrual at 12/31/2022 XXXXX XXXXX

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WN1 Calculation of the Total Coupons Expense Total Co... View the full answer