Osson 12 Partially correct Mark 4.00 out of 6.00 Phag question 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 $35 per unit. The following data reflect Brigham's recent experience: October November December Dec 11 Total 0 000 51.000 133,000 Unit od Known productores from a October 230 210 410 December 590 410 Calculate, and prepare a journal entry to record the estimated liability for product warranties at December 31. Assume that warranty costs of known failures have already been reflected in the records General Journal Description Debut Credit Dec 31 Product Warranty Expense 1.990 I Estimated Liability for Product Warranty O 139.650 To provide for estimated future warranty expense Date Check MERA MacBook Air