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goldfiish [28.3K]
3 years ago
12

Manhattan Enterprises manufactures cookware sets and sells the sets to department stores. Manhattan expects to sell 2,400 cookwa

re sets for $200 each in April and 3,500 cookware sets for $215 each in May. Sales are 15% cash and 85% on account. Compute the total budgeted sales for May. Group of answer choices
Business
1 answer:
liberstina [14]3 years ago
6 0

Answer:

Budgeted sales ($)= $752,500

Explanation:

Giving the following information:

Manhattan expects to sell 2,400 cookware sets for $200 each in April and 3,500 cookware sets for $215 each in May.

To calculate the budgeted sales, we need to use the following formula:

Budgeted sales ($)= number of units sold*selling price per unit

Budgeted sales ($)= 3,500*215= $752,500

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