Question

Cameroon Corp. manufactures and sells electric staplers for $16 each. If 10,000 units were sold in December, and management forecasts 4% growth in sales each month, the number of units of electric stapler sales budgeted for March should be:_______

Answer 1

= $173,056

Explanation:

The computation of the number of units of electric stapler sales budgeted for March is shown below:-

February = 10,000 + (4% × 10,000)

= 10,400

March = 10,400 + (4% × 10,400)

= 10816

and finally

The Budget sale for stapler for the month of March = 10,816 × 16

= $173,056