ebook Print Question 12 Party correct Mark 400 to 6.00 Pagestion Warranty Costs Brigham Company sells an electric timer that carries a three-month unconditional warranty against product failure. Based on a reliable statistical analysis, Brigham knows that between the sale and the end of the product warranty period, three percent of the units sold will require repair at an average cost of 535 per unit. The following data reflect Brigham's recent experience October November December Dec. 31 Total 42.000 40.000 51.000 133.000 Units sold Known product failures from sales October November December 210 550 230 410 5 410 Calculate, and prepare a journal entry to record, the estimated liability for product warrantie December 31. Assume that warranty costs of known failures have already been reflected in the records General Journal Date Description Credit Dec.31 Product Warranty pense OX Estimated Liability for Protect Warranty To provide for estimated tre warranty pense De Check Marks for this on 4.00/600 MacBook Air