Question

Claremont Company sells refurbished copiers. During the month, the company sold 145 copiers at an average price of $2,300 each. The budget for the month was to sell 140 copiers at an average price of $2,500. The expected total sales for 145 copiers were:

Answer 1

Answer:

$362,500

Explanation:

Since the company sold 145 copiers at an average price of $2,300 each.

Also, 140 budgeted copiers is to be sold at an average price of $2,500

The next step is to sum the above;

= $2,300 + $2,500

= $4,800

Furthermore, we will multiply the above outcome with the actual copiers sold

= $4,800 × 145

= $696,000

We would also get the actual sales by multiplying the actual copiers sold with the average price of each copier.

= $2,300 × 145

= $333,500

Therefore, the expected total sales for 145 copiers would be;

= $696,000 - $333,500

= $362,500