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A Company Expects the Following Sales for the Coming Year

Question 2

Multiple Choice

A company expects the following sales for the coming year: What is the company's budgeted sales revenue for the year?
 1st Quarter  2nd Quarter  3rd Quarter  4th Quarter  Units 50,00040,00030,00090,000 Average selling price $5$4.50$5$6\begin{array}{lrrrr}&\text { 1st Quarter } &\text { 2nd Quarter } &\text { 3rd Quarter } &\text { 4th Quarter }\\\text { Units } & 50,000 & 40,000 & 30,000 & 90,000 \\\text { Average selling price } & \$ 5 & \$ 4.50 & \$ 5 & \$ 6\end{array}


A) $1,050,000
B) $1,120,000
C) $1,155,000
D) $1,260,000

Correct Answer:

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