Question

Claremont company sells refurbished copiers. during the month, the company sold 230 copiers at an average price of $4,000 each. the budget for the month was to sell 225 copiers at an average price of $4,200. the expected total sales for 230 copiers were:

A. $900,000.
B. $966,000.
C. $945,000.
D. $560,000.
E. $920,000

Answer 1

The expected total sales for 230 copiers at an average price of $4,000 each would be $920,000.

Step-by-step explanation:

To find the expected total sales for 230 copiers, we can multiply the number of copiers sold by the average price per copier. Using the given information, the calculation would be:

Expected total sales = Number of copiers sold x average price per copier

Expected total sales = 230 x $4,000

Expected total sales = $920,000

Therefore, the correct option is E. $920,000.

Expected total sales represent the anticipated revenue from the sale of goods or services within a specified period. This projection is crucial for businesses to plan budgets, allocate resources, and set performance targets. It is calculated by multiplying the estimated unit sales by the expected selling price. Factors influencing the prediction include market demand, pricing strategies, and external economic conditions. Businesses often utilize historical data, market research, and industry trends to make informed estimates. Regular reassessment of expected total sales is essential for adaptability, allowing businesses to respond to changes in market dynamics and make strategic adjustments to achieve financial objectives.