A June sales forecast projects that 5,500 units are going to be sold at a price of $10.50 per unit. The desired ending inventory of units is 10% higher than the beginning inventory of 650 units. Total June sales are anticipated to be: O $57,750 O $55,065 O $55,060 O $63,525 O $55,000

A June sales forecast projects that 5,500 units are going to be sold at a price of $10.50 per unit. The desired ending inventory of units is 10% higher than the beginning inventory of 650 units. Total June sales are anticipated to be: O $57,750 O $55,065 O $55,060 O $63,525 O $55,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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