Two products A and B are manufactured in a department. Sales for the year 2020 were planned as follows: Product Quarter 1 Quarter 2 Quarter 3 Quarter 4 A 8000 10000 11000 14000 6000 8000 7500 5500 Selling prices in Quarter 1 were estimated as OMR 20 per unit for A and OMR 30 for B respectively. Average sales return are 5% of Sales. According to these estimates, which of the following is estimated Sales (OMR in Quarter 3 for Product A?

Two products A and B are manufactured in a department. Sales for the year 2020 were planned as follows: Product Quarter 1 Quarter 2 Quarter 3 Quarter 4 A 8000 10000 11000 14000 6000 8000 7500 5500 Selling prices in Quarter 1 were estimated as OMR 20 per unit for A and OMR 30 for B respectively. Average sales return are 5% of Sales. According to these estimates, which of the following is estimated Sales (OMR in Quarter 3 for Product A?

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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