The sales budget for Modesto Corp. shows that 17,000 units of Product A and 19,000 units...
The sales budget for Modesto Corp. shows that 17,000 units of Product A and 19,000 units of Product B are going to be sold for prices of $12 and $14, respectively. The desired ending inventory of Product A is 20% higher than its beginning inventory of 3,800 units. The beginning inventory of Product B is 4,300 units. The desired ending inventory of B is 4,800 units. Total budgeted sales of both products for the year would be:
Multiple Choice
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$36,000.
-
$204,000.
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$470,000.
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$266,000.
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$537,200.
Homework Answers
Answer: $470,000
Explanation:
Total budgeted sales = (Sales budget of Product A*Selling price per unit for product A) + (Sales budget of Product B*Selling price per unit for product B)
= 17,000 units * $12 + 19,000 units* $14
= $470,000
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The sales budget for Modesto Corp. shows that 17,000 units of
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please provide the answer with explanation
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