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Culinary Enterprises Manufactures Cookware Sets and Sells the Sets to Department

Question 47

Multiple Choice

Culinary Enterprises manufactures cookware sets and sells the sets to department stores.Culinary expects to sell 2600 cookware sets for $220 each in April and 3000 cookware sets for $235 each in May.Sales are 25% cash and 75% on account.Compute the total budgeted sales for May.


A) $705,000
B) $572,000
C) $176,250
D) $528,750

Correct Answer:

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