On July 15,2024, Thompson Electronics sells 8,000 smartphones at an average price of $700 each....
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On July Thompson Electronics sells smartphones at an average price of $ each. The product includes a oneyear warranty on parts. Historical data suggests that of the smartphones sold will require warranty repairs, with an average repair cost of $ per unit. How much should Thompson Electronics estimate for warranty costs to accrue for this sale? Responses $ $ $ $ $ $ $
On July Thompson Electronics sells smartphones at an average price of $ each. The product includes a oneyear warranty on parts. Historical data suggests that of the smartphones sold will require warranty repairs, with an average repair cost of $ per unit. How much should Thompson Electronics estimate for warranty costs to accrue for this sale?
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