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ABC Company sells soccer goals to customers over the Internet. History has shown that 2% of ABC Company's goals will need repair under the warranty
ABC Company sells soccer goals to customers over the Internet. History has shown that 2% of ABC Company's goals will need repair under the warranty program. For the year, ABC Company has sold 3,800 goals and 49 have been repaired. If the estimated cost to repair a goal is $120, what would be the Warranty Liability at the end of the year? Multiple Choice $9,120. $0. $3,240. $3,290. 0
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