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Ruby's & Rings Inc.offers a two-year assurance warranty against failure of its products.The estimated liability is 4% of sales in the year of sale and 6% in the second year.Sales for 2020 and 2021 were: $2,500,000 and $2,800,000,respectively.The company incurred no warranty costs in 2020 but in 2021 they spent $175,000 on repairs related to the warranties issued in 2020 and 2021.
-The warranty provision at the 2020 year end was
Dihydrotestosterone
A potent androgen hormone that is derived from testosterone and plays a key role in the development of male characteristics and reproductive tissues.
Androgen Insensitivity Syndrome
A situation where an individual with male genes exhibits a resistance to male hormones, known as androgens, resulting in the manifestation of feminine physical characteristics despite having a male genetic structure.
5-alpha Reductase Deficiency
A genetic condition that affects the metabolism of testosterone, potentially influencing sexual development.
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