Question

A July sales forecast projects that 9,000 units are going to be sold at a price of $11.00 per unit. Management forecasts 2% growth in sales each month. Total August sales are anticipated to be:_______

a. $76,950.
b. $71,250.
c. $68,400.
d. $67,500.
e. $74,100.

Answer 1

Answer:

the expected august sales is $100,980

Explanation:

The computation of the expected august sale is shown below:

July Sales (9,000 units × $11 per unit) $99,000

Add: Growth ($99,000 × 2%) $1,980

Total August Sales $100,980

This is the answer but the same is not provided in the given options

Hence, the expected august sales is $100,980

The same is to be considered