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Strikers, Incorporated sells soccer goals to customers over the Internet. History has shown that 5% of Strikers' goals will need repair under the warranty program.
Strikers, Incorporated sells soccer goals to customers over the Internet. History has shown that 5% of Strikers' goals will need repair under the warranty program. For the year, Strikers has sold 3,700 goals and 47 have been repaired. If the estimated cost to repair a goal is $190, what would be the warranty liability at the end of the year? Multiple Choice $26,220 $0 $35,150 $26,270
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