Parker Corp., which operates on a calendar year, expects to sell 6,270 units in October, and...
Parker Corp., which operates on a calendar year, expects to sell 6,270 units in October, and expects sales to increase 85 units each month thereafter. Sales price is expected to stay constant at $9 per unit. What are budgeted revenues for the fourth quarter?
Homework Answers
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Budgeted revenues = (6270*9) + (6270+85)*9 + (6270+85+85)*9 = 56,430 + 57,195 + 57,960 = 171,585 |
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