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2 Aaron Company includes 1 coupon in each box of soap powder that it packs, and 10 coupons are redeemable for a premium (a
2 Aaron Company includes 1 coupon in each box of soap powder that it packs, and 10 coupons are redeemable for a premium (a kitchen utensil). In 2024, Aaron Company purchased 8,800 premiums at 90 cents each and sold 120,000 boxes of soap powder at $3.30 per box. It is estimated that 40% of the coupons will eventually be presented for redemption, 44,000 coupons were presented for redemption in 2024 red s out of Rag question Premium Expense for 2024 is O a $360 Ob $15.840 Oc $158,400 Od. $4,320 Oe $3,600
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