which Shamrock Company sold 743,600 boxes of pie mix under a new sales promotional program. Each...

 

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which Shamrock Company sold 743,600 boxes of pie mix under a new sales promotional program. Each box contains one coupon, submitted with $4.30, entitles the customer to a baking pan. Shamrock pays $6.30 per pan and $0.80 for handling and shipping. Shamrock estimates that 70% of the coupons will be redeemed, even though only 245,500 coupons had been processed during 2025. What amount should Shamrock report as a liability for unredeemed coupons at December 31, 2025? Liability for unredeemed coupons at December 31, 2025 $ which Shamrock Company sold 743,600 boxes of pie mix under a new sales promotional program. Each box contains one coupon, submitted with $4.30, entitles the customer to a baking pan. Shamrock pays $6.30 per pan and $0.80 for handling and shipping. Shamrock estimates that 70% of the coupons will be redeemed, even though only 245,500 coupons had been processed during 2025. What amount should Shamrock report as a liability for unredeemed coupons at December 31, 2025? Liability for unredeemed coupons at December 31, 2025 $