Martin Company sells a certain product for $15 per unit. The beginning inventory is 40,000 units and the desired ending inventory is 32,000 units. If budgeted production is 100,000 units, what is the forecasted sales revenue from the product?
A) $1,380,000
B) $1,500,000
C) $1,600,000
D) $1,620,000
Correct Answer:
Verified
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