Synergy Appliances Sells Dishwashers with a Four-Year Warranty

question 22

Multiple Choice

Synergy Appliances sells dishwashers with a four-year warranty.In 2017,sales revenue for dishwashers is $97,000.The company estimates warranty expense at 4.5% of revenues.What is the total estimated warranty payable of Synergy Appliances in 2017?

• A)$4,365.00
• B)$1,091.25
• C)$1,597.59
• D)$3,423.53

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Definitions:

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