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please help Sunland Company sells automatic can openers under a 75-day warranty for defective merchandise, Based on past experience, Suniand estimates that 4% of the
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Sunland Company sells automatic can openers under a 75-day warranty for defective merchandise, Based on past experience, Suniand estimates that 4% of the units sold will become defective during the warranty period. Management estimates that the average cost of replacing or repairing a defective unit is $15. The units sold and units defectlve that occurred during the last 2 months of 2022 are as follows. (a) Prepare the journal entry to record the costs incurredin honoring 129 warranty claims, (Assume actual costs of 51.935 ) iccedit occount tieles are outomatically indented when amoknt is enterid, Do not indent moneali|y]. (b) Step by Step Solution
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