1. Push It Corporation produces push-button switches us electric fans. For the year 2019, the sales of electric fan 800,000 units. Each unit of electric fans requires 4 pieces Push It regularly supplies 60% of the push-button switch of new electric fans. In addition, a replacement parts ma past 5 years, the sales of the replacement push-button sw vear by 20% of the preceding vear's sales, In 2018 Push
1. Push It Corporation produces push-button switches us electric fans. For the year 2019, the sales of electric fan 800,000 units. Each unit of electric fans requires 4 pieces Push It regularly supplies 60% of the push-button switch of new electric fans. In addition, a replacement parts ma past 5 years, the sales of the replacement push-button sw vear by 20% of the preceding vear's sales, In 2018 Push
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:1. Push It Corporation produces push-button switches used in the manufacture of
electric fans. For the year 2019, the sales of electric fans have been forecasted at
800,000 units. Each unit of electric fans requires 4 pieces of push-button switches.
Push It regularly supplies 60% of the push-button switches used in the production
of new electric fans. In addition, a replacement parts market also exists. Over the
past 5 years, the sales of the replacement push-button switches have increased per
year by 20% of the preceding year's sales. In 2018, Push It sold 150,000 pieces of
push-button switches for P10 per piece in both markets. What is the budgeted sales
revenue based on the expected number of pieces of push-button switches to be sold
in 2019?
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