Question 36 19 Zebrafish Company sells 20,000 units of inventory during the first year of operations...

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Question 36 19 Zebrafish Company sells 20,000 units of inventory during the first year of operations for $200 each Zebrafish Company provides a one year warranty on parts. It is estimated that 2% of the units will be defective and that repair coste are estimated to be $30 per unit. In the year of sale, warranty contracts are honored on 50 units for s total cost of $1,500. What amount will be reported as Estimated Warranty Liability at the end of the year $10,500 $11,000 $13,500 $12,000 Question 36 19 Zebrafish Company sells 20,000 units of inventory during the first year of operations for $200 each Zebrafish Company provides a one year warranty on parts. It is estimated that 2% of the units will be defective and that repair coste are estimated to be $30 per unit. In the year of sale, warranty contracts are honored on 50 units for s total cost of $1,500. What amount will be reported as Estimated Warranty Liability at the end of the year $10,500 $11,000 $13,500 $12,000