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A Company Expects the Following Sales for the Coming Year

Question 83

Multiple Choice

A company expects the following sales for the coming year:  1st Quarter  2nd Quarter  3rd Quarter  4th Quarter  Units 40,00030,00060,00080,000 Average selling price $5$5$5$6\begin{array}{lrrrr}&\text { 1st Quarter }& \text { 2nd Quarter } &\text { 3rd Quarter } & \text { 4th Quarter }\\\text { Units } & 40,000 & 30,000 & 60,000 & 80,000 \\\text { Average selling price } & \$ 5 & \$ 5 & \$ 5 & \$ 6\end{array} Budgeted sales revenue for the year is


A) $1,050,000
B) $1,260,000
C) $1,155,000
D) $1,130,000
E) it is impossible to tell from this information

Correct Answer:

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