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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? (Round your final answer to the nearest​ dollar.)

Respuesta :

Answer:

$4,365

Explanation:

The computation of the total estimated warranty payable is shown below:

= Sales revenue × estimated warranty expense percentage

= $97,000 × 4.5%

= $4,365

By multiplying the sales revenue with the estimated warranty expense percentage we can get the total estimated warranty payable and the same is shown in the above computation part

Ritmeks

The total estimated warranty payable is $4,365

In 2017 the revenue for dishes is $97,000

the company's estimated warranty expense is 4.55

Therefore the total estimated warranty payable can be calculated as follows

= 97,000 × 4.5/100

-= 97,000 ×0.045

= 4,365

Hence the total estimated warranty payable of Synergy Appliances in​ 2017 is $4,365

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https://brainly.com/question/16611098?referrer=searchResults

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