A company expects the following sales for the coming year: ​ ​ ​ 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units 50,000 40,000 70,000 90,000 Average selling price $6 $6 $6 $8 ​ Budgeted sales revenue for the year is: a. $1,050,000. b. $1,260,000. c. $1,155,000. d. $1,680,000. e. It is impossible to tell from this information.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A company expects the following sales for the coming year:

1st Quarter

2nd Quarter

3rd Quarter

4th Quarter

Units

50,000

40,000

70,000

90,000

Average selling price

$6

$6

$6

$8

Budgeted sales revenue for the year is:

a.
$1,050,000.
b.
$1,260,000.
c.
$1,155,000.
d.
$1,680,000.
e.
It is impossible to tell from this information.
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