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Ringbark Manufacturing sells several products including products A and B. Total sales for the year are $150,000 for product A, and $360,000 for product B. Both products are sold with a 12-month warranty covering parts and labour against faults.
Based on past experience, 10% of total sales of product A are claimed under warranty, and 5% of total sales of product B.
Calculate the total warranty provision for the
year for
both products.Enter only digits, no dollar sign, no comma. e.g 32567 NOT $32,567Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!