A company expects the following sales for the coming year: 1st Quarter 2nd Quarter 3rd Quarter...
A company expects the following sales for the coming
year:
| 1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | |
| Units | 50,000 | 40,000 | 70,000 | 90,000 |
| Average selling price | $6 | $6 | $6 | $8 |
Budgeted sales revenue for the year is:
a.$1,680,000.
b.$1,155,000.
c.$1,050,000.
d.$1,260,000.
e.It is impossible to tell from this information.
Homework Answers
Answer
* Correct Answer = Option 'A' $ 1,680,000
| 1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | Total | ||
| A | Units | 50,000 | 40,000 | 70,000 | 90,000 | 250,000 |
| B | Average selling price | $6 | $6 | $6 | $8 | |
| C = A x B | Total Sales Revenue | $300,000 | $240,000 | $420,000 | $720,000 | $1,680,000 = ANSWER |
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