A company expects the following sales for the coming year: July to December 120,000 $5.50 January to June Units Average selling price 90,000 $4.75 What is the company's budgeted sales revenue for the year? $1,155,000 $997,500 $2,152,500 $1,087,500

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A company expects the following sales for the coming year:
July to
December
120,000
$5.50
January to June
Units
Average selling price
90,000
$4.75
What is the company's budgeted sales revenue for the year?
$1,155,000
$997,500
$2,152,500
$1,087,500
Transcribed Image Text:A company expects the following sales for the coming year: July to December 120,000 $5.50 January to June Units Average selling price 90,000 $4.75 What is the company's budgeted sales revenue for the year? $1,155,000 $997,500 $2,152,500 $1,087,500
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