A July sales forecast projects that 6,000 units are going to be sold at a price of $10.50 per unit.Management forecasts 2% growth in sales each month.Total July sales are anticipated to be:
A)$63,000.
B)$67,500.
C)$61,250.
D)$64,260.
E)$60,000.

Question

Quizplus · Accepted Answer

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

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