A June sales forecast projects that 6,000 units are going to be sold at a price of $10.50 per unit. The desired ending inventory of units is 15% higher than the beginning inventory of 1,000 units, and each unit is purchased for $8. Total June sales are anticipated to be

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter7: The Master Budget And Flexible Budgeting
Section: Chapter Questions
Problem 10Q: If the sales forecast estimates that 50,000 units of product will be sold during the following year,...
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A June sales forecast projects that 6,000 units are going to be sold
at a price of $10.50 per unit. The desired ending inventory of units is
15% higher than the beginning inventory of 1,000 units, and each
unit is purchased for $8. Total June sales are anticipated to be
Transcribed Image Text:A June sales forecast projects that 6,000 units are going to be sold at a price of $10.50 per unit. The desired ending inventory of units is 15% higher than the beginning inventory of 1,000 units, and each unit is purchased for $8. Total June sales are anticipated to be
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