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How much should the sales return allowance be in december

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Reference no: EM133115727

Question - A firm books a revenue of $900,000 in December 2016. Based on previous experience, 5% of the sales are returned within 30 days. Returned products are resalable. How much should the sales return allowance be in December 2016?

a. $0

b. $45,000

c. $63,000

d. $108,000

Reference no: EM133115727

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