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Seneca College *

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440

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Accounting

Date

Nov 24, 2024

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pdf

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2

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11/21/23, 2:11 AM Chapter 6 Post-Class Homework https://www.ameengage.com/mod/quiz/review.php?attempt=4687076&cmid=1260518 1/2 English (en) English (en) Français - Canada (fr_ca) Dashboard / My courses / [Seneca 09/2023] HTM440NHA - Nardi / CHAPTER 6 - Budgeting / Chapter 6 Post-Class Homework Started on Monday, 20 November 2023, 3:40 PM State Finished Completed on Monday, 20 November 2023, 3:41 PM Time taken 8 secs Grade 0.00 out of 125.00 ( 0 %) Question 1 Not answered Mark 0.00 out of 5.00 Take me to the text For the upcoming year, the Hotel Maritime banquet department expects to generate $3,354,000 of revenue. Based on historical trends, the company makes the most sales in the fourth quarter. As a result, it assumes that the fourth quarter will contribute 60% of the annual revenue. The remaining budgeted amount will be allocated equally between the other three quarters. For each quarter, calculate the budgeted sales in dollars. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. Q1 Q2 Q3 Q4 Year $ $ $ $ $ Explanation Q1 Q2 Q3 Q4 Year $447,200 $447,200 $447,200 $2,012,400 $3,354,000
11/21/23, 2:11 AM Chapter 6 Post-Class Homework https://www.ameengage.com/mod/quiz/review.php?attempt=4687076&cmid=1260518 2/2 Français (fr)
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