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At the beginting of 2024. Angel Corporation begar offering a two-year warranty on its products. The wartanty program was expected to cost Angel 4% of
At the beginting of 2024. Angel Corporation begar offering a two-year warranty on its products. The wartanty program was expected to cost Angel 4% of net salos. Net sales made under warranty in 2024 were $207 milion. Fifteen percent of the units sold were retuined in 2024 and repaired or reploced at a cost of $4.90 million. The amount of warranty expense on Angels 2024 income statement is Muitiple Choice 531.05 milion. 5 ti 68 imilion. $4.90miliis. 5828 milition
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