Warranty Costs Young Company sells an electric time that carries a three month unconditional warranty against product failure. Based on a reliable statistically. Young knows that between the sale and the end of the product warranty period four percent of the units sold will require report an average cost of $50 per unit. The following data reflect Youngsrecent experience October November December Dec. 31 Total 150 DO 5.000 115.000 Units sold Known producte October n December try to record the estimated for product warranties at December 31. Assume that warranty costs of known flures have already been reflected in the Calculate and prepare a jumal records To provide Check Nento Previous Save Answers