A new product introduced by Sunbound Promotions carries a two-year warranty against defects.The estimated warranty costs related to dollar sales are as follows:

Sales and actual warranty expenditures for the years ended December 31,2013 and 2014,are as follows:

What amount should Sunbound report as its estimated liability as of December 31,2014?

Question

A new product introduced by Sunbound Promotions carries a two-year warranty against defects.The estimated warranty costs related to dollar sales are as follows:

Sales and actual warranty expenditures for the years ended December 31,2013 and 2014,are as follows:

What amount should Sunbound report as its estimated liability as of December 31,2014?

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The Answer of A new product introduced by Sunbound Promotions carries a two-year warranty against defects.The estimated warranty costs related to dollar sales are as follows:

Sales and actual warranty expenditures for the years ended December 31,2013 and 2014,are as follows:

What amount should Sunbound report as its estimated liability as of December 31,2014?

A New Product Introduced by Sunbound Promotions Carries a Two-Year