A June Sales Forecast Projects That 6,000 Units Are Going

question 87

Multiple Choice

A June sales forecast projects that 6,000 units are going to be sold at a price of $10.50 per unit. The desired ending inventory of units is 15% higher than the beginning inventory of 1,000 units. Total June sales are anticipated to be:

• A) $63,000.
• B) $67,500.
• C) $61,250.
• D) $74,250.
• E) $60,000.

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Definitions:

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