Workman Company had sales of 15,000 units of its only product in the first quarter of 2013. In the first quarter of 2014, Workman anticipates selling 20% more units than it sold in the first quarter of 2013, with a selling price of $68 per unit. What is the amount of sales revenue that will appear in the budgeted income statement for the first quarter of 2014?
A) $1,224,000
B) $1,020,000
C) $1,468,800
D) $816,000
Correct Answer:
Verified
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