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## In 2016, Baloga Heating Company sold 400 water heaters for $350 each. The water heaters carry a 2-year warranty for repairs. Baloga estimate

Question

In 2016, Baloga Heating Company sold 400 water heaters for $350 each. The water heaters carry a 2-year warranty for repairs. Baloga estimates that repair costs will average 2% of the total selling price. How much is recorded in the warranty liability account as a result of selling the water heaters during 2016?

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Math
2 weeks
2021-09-10T09:29:18+00:00
2021-09-10T09:29:18+00:00 1 Answer
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## Answers ( )

Answer:just calculate

Step-by-step explanation:(400 x 350)x 1/50