In 2008,Truman Products sold 900 000 units at $9 each.Sales volume is expected to increase by 10 per cent in 2009 while the price of each unit is expected to decrease by 15 per cent.The expected sales revenue for 2009 is:

Question

Quizplus · Accepted Answer

To calculate the expected sales revenue for 2009, we need to multiply the expected sales volume by the expected price per unit.

Expected sales volume for 2009 = 900,000 * 1.1 = 990,000 units 
Expected price per unit for 2009 = $9 * 0.85 = $7.65

Expected sales revenue for 2009 = 990,000 * $7.65 = $7,573,500

Therefore, the answer is C, $7,573,500.

In 2008,Truman Products Sold 900 000 Units at $9 Each