JumpStart is a retail store in downtown Glen Ellyn that sells athletic footwear and apparel. The budgeted shoe sales for August are 200 pairs of shoes at an average selling price of $75, and the athletic wear sales are 300 items at an average selling price of $40 per item. JumpStart is a popular store and sells quality products, but sometimes customers are not happy with their purchases. In recent months, JumpStart customers have returned an average of 5% of shoe purchases and 3% of athletic wear purchases. JumpStart has given customers an average of a 2% discount off of the original selling price for all products. What will JumpStart's total budgeted net sales be for August?
A) $11,160
B) $13,950
C) $25,110
D) $25,350

Question

Quizplus · Accepted Answer

Athletic shoes budgeted net sales are $13,950, and athletic wear budgeted net sales are $11,400 for a total budgeted net sales of $25,350. See additional explanation below:
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JumpStart Is a Retail Store in Downtown Glen Ellyn That