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Cupola Awning Corporation introduced a new line of commercial awnings in 2 0 2 4 that carry a two - year warranty against manufacturer's defects.

Cupola Awning Corporation introduced a new line of commercial awnings in 2024 that carry a two-year warranty against manufacturer's defects. Based on their experience with previous product introductions, warranty costs are expected to approximate 3% of sales. Sales and actual warranty expenditures for the first year of selling the product were:
\table[[Sales,\table[[Actual Warranty],[Expenditures]]],[$5,050,000,$49,250
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