An August sales forecast projects 6,000 units are going to be sold at a price of $11.50 per unit. The desired ending iventory in units is 15% higher than the beginning inventory of 1,000 units. Total August sales are anticipated to be:
A) $80,500
B) $69,000
C) $60,000
D) $57,500

Question

Quizplus · Accepted Answer

Total August sales are calculated by multiplying the projected units sold (6,000) by the price per unit ($11.50), resulting in $69,000.

An August Sales Forecast Projects 6,000 Units Are Going to Be