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What were the warranty expenditures

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Question - Panther Co. had a quality-assurance warranty liability of $352,000 at the beginning of 2018 and $311,000 at the end of 2018. Warranty expense is based on 3% of sales, which were $43 million for the year. What were the warranty expenditures for 2018?

a. $1,249,000.

b. $0.

c. $1,331,000.

d. $1,290,000.

Reference no: EM132502807

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