Business, 22.07.2019 18:10 romeojose2005

At the beginning of 2018, angel corporation began offering a two-year warranty on its products. the warranty program was expected to cost angel 6% of net sales. net sales made under warranty in 2018 were $193 million. fifteen percent of the units sold were returned in 2018 and repaired or replaced at a cost of $5.00 million. the amount of warranty expense on angel's 2018 income statement is:

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At the beginning of 2018, angel corporation began offering a two-year warranty on its products. the...

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