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. Total June sales are anticipated to be:
A) $63,000.
B) $67,500.
C) $61,250.
D) $74,250.
E) $60,000.

Question

Quizplus · Accepted Answer

The total June sales are calculated by multiplying the number of units sold (6,000) by the price per unit ($10.50), which equals $63,000.

A June Sales Forecast Projects That 6,000 Units Are Going