Cameroon Corp. manufactures and sells electric staplers for $16 each. If 20,000 units were sold in December, and management forecasts 4% growth in sales each month, the number of electric stapler sales budgeted for February should be:

Question

Bucky

Business

9 June, 23:52

Cameroon Corp. manufactures and sells electric staplers for $16 each. If 20,000 units were sold in December, and management forecasts 4% growth in sales each month, the number of electric stapler sales budgeted for February should be:

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Answers (1)

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Cristopher · Answer 1

Budgeted Sales for January 20,800 units at $ 16 = $ 33,2800

Budgeted Sales for February 21,632 units at $ 16 = $ 346,112

Explanation:

Cameroon Corp. Manufacturers

Sales in Dec 20,000 units at $ 16 $ 320, 000

Growth in Sales = 4 % of $ 20,000 = 800

Budgeted Sales units for January = 20,000 + 800 = 20,800

Budgeted Sales for January 20,800 units at $ 16 = $ 33,2800

Budgeted Sales for February 21,632 at $ 16 = $ 346,112

Growth in Sales = 4% of 20,800 = 832 units

Budgeted Sales units for February = 20,800 + 832 = 21,632