I'm not offended. People often believe they know more than they do about these things, so it's a common assumption that all you are paying for is to change the battery. This is partly the fault of the industry in general not being more open about what is actually done with the watch when you send it in. I'm not trying to change your mind on what you believe, and although I can't attest to what the people you took your watch to actually did (I wasn't there), it would typically be more than just opening up, removing the old battery, putting in a new one, and closing it up as you are implying.
I would expect that a full series of electrical tests would be done on the watch, seals replaced, battery changed, rate checked and adjusted, and pressure testing done. This would be at a minimum, and also could include removing the movement, cleaning the case etc. All that takes time, and if you don't find the value in what they charged that's fine, but assuming all they did was put in a new battery would be a mistake.
As has been noted it is an LCD, not LED. I don't "know" that the LCD module needs replacing - I was simply informing you that if the module is needed (to be determine by someone who knows what they are doing taking the watch in and diagnosing the problem) that one is available. What I would charge is irrelevant, so you need to seek out someone local to you to get pricing.
Cheers, Al
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