Answer:
Sales revenues= $1,317,150
Explanation:
Giving the following information:
Vaughn estimates it will sell 7000 units during the first quarter of 2019 with a 12% increase in sales each quarter.
Selling price= $150
<u>First, we need to calculate the number of units to be sold in the third quarter</u>:
Sale in units= 7,000*1.12^2= 8,781
<u>Now, sales revenues:</u>
Sales revenues= 8,781*150
Sales revenues= $1,317,150