in 2020, the total sales from Washing machines is 300 units each of them has selling price of $500, each of them is under warranty for 2 years, From past experience 20% of units sold needs maintenance and parts replacement. The average warranty cost is estimated by S100 for each unit. During 2021 actual warranty was $2000. Compute the ending balance of warranty liability should be shown in Dec.31,2020 financial position statement? Answer: Questions Not yet answered Marked out of Flag question In 2020, the total sales from Washing machines is 300 units each of them has selling price of $500, each of them is under warranty For 2 years, from past experience 20% of units sold needs maintenance and parts replacement. The average warranty cost estimated by $100 for wach unit, During 2021 actual warranty was s2000. Compote the ending balance of warranty Stability should be shown in Dec.11.2021 financial position statement MW