36. Equipped makes total sales of Product A of $320,500 for the month of October and total

sales of Product B of $100,700. Both products have a 24-month warranty. The company

estimates that Product As warranty will cost 5% of the sales price, while Product Bs

warranty will cost 7% of the sales price.

a. Prepare the journal entry to record the Product Warranty Expense for the

month.

b. During the month of November, the company uses $1,400 of supplies to repair

Product A and $900 of supplies to repair Product B. Prepare the journal entries

to record the repairs.