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Parker Corp., which operates on a calendar year, expects to sell 3,000 units in October, and expects sales to increase 10% each month thereafter. Sales price is expected to stay constant at $10 per unit. What are budgeted revenues for the fourth quarter?

asked
User Tyree
by
8.1k points

1 Answer

4 votes

Answer:

total revenue = is 99300

Step-by-step explanation:

given data

expects to sell in October = 3,000 units

expects sales to increase = 10%

Sales price stay constant = $10 per unit

solution

we get revenue hereby the sum of revenue of oct + nov + dec

revenue = price × quantity .........................1

total revenue = is 99300

Parker Corp., which operates on a calendar year, expects to sell 3,000 units in October-example-1
answered
User Aez
by
7.9k points
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