Question

A July sales forecast projects that 6,400 units are going to be sold at a price of $10.90 per unit. Management forecasts 15% growth in sales each month. Total July sales are anticipated to be:

Answer 1

Sales= $69,760

Step-by-step explanation:

Giving the following information:

A July sales forecast projects that 6,400 units are going to be sold for $10.90 per unit.

To calculate the sales for July, we need to use the following formula:

Sales= number of units*selling price

Sales= 6,400*10.9

Sales= $69,760