Two products X and Z are manufactured in a department. Sales for the year 2022 were planned as follows: Product Quarter 1 Quarter 2 Quarter 3 Quarter 4 8000 10000 11000 14000 6000 8000 7500 5500 Selling prices in Quarter 1 were estimated as OMR 20 per unit for X and OMR 30 for Z respectively. Average sales return are 5% of Sales and 10% decrease in selling price in each quarter compared to previous one. According to these estimates, which of the following is estimated Sales (OMR) in Quarter 4 for Product X? Select one: O a. 185600 Ob. 266000 O c. 193914 O d. 159600

Two products X and Z are manufactured in a department. Sales for the year 2022 were planned as follows: Product Quarter 1 Quarter 2 Quarter 3 Quarter 4 8000 10000 11000 14000 6000 8000 7500 5500 Selling prices in Quarter 1 were estimated as OMR 20 per unit for X and OMR 30 for Z respectively. Average sales return are 5% of Sales and 10% decrease in selling price in each quarter compared to previous one. According to these estimates, which of the following is estimated Sales (OMR) in Quarter 4 for Product X? Select one: O a. 185600 Ob. 266000 O c. 193914 O d. 159600

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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Question

Two products X and Z are manufactured in a department.
Sales for the year 2022 were planned as follows:
Product
Quarter 1
Quarter 2
Quarter 3
Quarter 4
8000
10000
11000
14000
6000
8000
7500
5500
Selling prices in Quarter 1 were estimated as OMR 20 per
unit for X and OMR 30 for Z respectively. Average sales
return are 5% of Sales and 10% decrease in selling price in
each quarter compared to previous one.
According to these estimates, which of the following is
estimated Sales (OMR) in Quarter 4 for Product X?
Select one:
O a. 185600
O b. 266000
O c. 193914
O d. 159600

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