Last year,Garrison Manufacturing sold 500 000 units at $4 each.Both sales volume and sales price are expected to increase by 10 per cent in the upcoming year.The expected sales revenue for the upcoming year is:
A) $2 420 000
B) $2 200 000
C) $2 255 000
D) $2 000 000

Question

Quizplus · Accepted Answer

Sales volume and sales price are expected to increase by 10 per cent in the upcoming year. So, the expected sales revenue for the upcoming year is $2,200,000 * 1.10 = $2,420,000.

Last Year,Garrison Manufacturing Sold 500 000 Units at $4 Each