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A July sales forecast projects that 6,000 units are going to be sold at a price of $10.50 per unit. Management forecasts 2% growth in sales each month. Total July sales are anticipated to be: Question
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A July sales forecast projects that 6,000 units are going to be sold at a price of $10.50 per unit. Management forecasts 2% growth in sales each month. Total July sales are anticipated to be: Question 21 options:

User Jaye Renzo Montejo
by
4.1k points

1 Answer

4 votes

Answer:

$63,000

Step-by-step explanation:

Calculation for Total July sales

Using this formula

Total sales=July sales forecast×price per units

Let plug in the formula

Total Sales= 6,000 units x $10.50 per units

Total Sales=$63,000

Therefore Total July sales are anticipated to be $63,000

User Jacob Smit
by
4.2k points
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