Cameroon Corp. manufactures and sells electric staplers for $15 each. If 15,000 units were sold in December, and management forecasts 4% growth in sales each month, the number of units of electric stapler salesbudgeted for February should be:Multiple Choice15,00016,87315,60016,22416,500

Budgeted sales units in January = Sales units in December x (1 + growth rate) = 15000 x (1+0.04) = 15600 UnitsBudgeted sales units in February = Sales units in January x (1 + growth rate) = 15600 x (1+0.04) = 16224 Units

Business

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Cameroon Corp. manufactures and sells electric staplers for $15 each. If 15,000 units were sold in December, and management forecasts 4% growth budgeted for Eebruary should be: sales each month, the number of units of electric stapler sales Multiple Choice 15,000 16,873 15,600 16,224 16,500

Cameroon Corp. manufactures and sells electric staplers for $15 each. If 15,000 units were sold in December, and management forecasts 4% growth budgeted for Eebruary should be: sales each month, the number of units of electric stapler sales Multiple Choice 15,000 16,873 15,600 16,224 16,500

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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