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Swifty Company sells automatic can openers under a 7 5 - day warranty for defective merchandise. Based on past experience, Swifty estimates that 4 %

Swifty Company sells automatic can openers under a 75-day warranty for defective merchandise. Based on past experience, Swifty estimates that 4% of the units sold will become defective during the warranty period. Management estimates that the averas replacing or repairing a defective unit is $20. The units sold and units defective that occurred during the last 2 months of 2022 are as follows.
\table[[Month,Units Sold,Units Defective Prior to December 31],[November,31,600,632],[December,33,600,420]]
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