Business, 14.04.2020 21:26 jaimejohnston2

Pizza Shop sells toaster ovens with a one-year warranty to fix any defects. For the current year, 100 toaster ovens have been sold. By the end of the year 4 ovens have been fixed for an average of $80 each. Management estimates that 5 more of the 100 sold will need to be fixed next year for an estimated $80 each. For how much should Pizza Shop report warranty liability at the end of the current year

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Pizza Shop sells toaster ovens with a one-year warranty to fix any defects. For the current year, 10...

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