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Gray Uniforms Is a Wholesaler Who Sells School Uniforms to Retailers.On

Question 26

Multiple Choice

Gray Uniforms is a wholesaler who sells school uniforms to retailers.On August 1,Gray contracts with Excel School Uniforms to sell 3,000 uniforms o Excel to be delivered September 1.The contract price is set at $200 each,The contract provides for a 10% volume discount if sales exceed 2,000 uniforms.The probability of sales of 2,000 uniforms is expected to be 60%.Using the most-likely-amount approach,the consideration is estimated to be ________.


A) $250,000
B) $360,000
C) $400,000
D) $500,000

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