At LK Corporation, budgeted sales in units for January, February, and March are 15,000, 20,000, and...
At LK Corporation, budgeted sales in units for January, February, and March are 15,000, 20,000, and 18,000 units, respectively. If the selling price per unit is $5, what is expected sales revenue for March?
Multiple Choice
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$75,000
-
$90,000
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$100,000
-
$265,000
Homework Answers
Answer is $90,000
Expected Sales Revenue for March is $90,000 (18,000*$5)
Sales of January month and February month are not relevant. It is only March month sales which is relevant.
Hence other options are not the right answers. Right answer is $90,000 ( Units X selling price per unit)
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