Bonita manufactures high-end whole home electronic systems. the company provides a one-year warranty for all products sold. the company estimates that the warranty cost is $290 per unit sold and reported a liability for estimated warranty costs $10.6 million at the beginning of this year. if during the current year, the company sold 59000 units for a total of $326 million and paid warranty claims of $1209 on current and prior year sales, what amount of liability would the company report on its balance sheet at the end of the current year?

warrnaty laiblity will be reported at 15,620,000 dollars

Explanation:

beginning + warrantty on units sold - claims = ending

Beginning warrant liability 10,600,000

During the year, the company wll recognize  liablity based on the predetermined rate

ID SOLD 59,000

the warranty per unit is 290

59,000 x 290 = 17,110,000

Then the warranty claims decrease the warrant liability

paid warranty claims 12,090,000

10,600,000 + 17,110,000 - 12,090,000 = 15,620,000

no, a company likes to look at potential employees that are professional, well mannered, clean, honest, etc. don't show up looking/acting like a clown. (unless that's your job xd) hope this ! =^-^=

answer; situational irony;