MG Lighting had sales of 500 units at $100 per unit last year. The marketing manager projects a 15 percent decrease in unit volume this year because a 10 percent price increase is needed to pass rising costs through to customers. Returned merchandise will represent 3.2 percent of total sales. What is your net dollar sales projection for this year?
A)$26,976
B)$69,344
C)$72,800
D)None of the options.

Question

Quizplus · Accepted Answer

The Answer of MG Lighting had sales of 500 units at $100 per unit last year. The marketing manager projects a 15 percent decrease in unit volume this year because a 10 percent price increase is needed to pass rising costs through to customers. Returned merchandise will represent 3.2 percent of total sales. What is your net dollar sales projection for this year?
A)$26,976
B)$69,344
C)$72,800
D)None of the options.

MG Lighting Had Sales of 500 Units at $100 Per