Question

A July sales forecast projects that 7,300 units are going to be sold at a price of $11.80 per unit. The management forecasts 15% growth in sales each month. Total July sales are anticipated to be:

Answer 1

Budgeted sales= $86,140

Step-by-step explanation:

Giving the following information:

A July sales forecast projects that 7,300 units are going to be sold at a price of $11.80 per unit.

The budgeted sales are calculated by multiplying the sales in units with the selling price per unit:

Budgeted sales= 7,300*11.8= $86,140