Business, 08.12.2020 17:10 evarocks352
A July sales forecast projects that 6,400 units are going to be sold at a price of $10.90 per unit. Management forecasts 15% growth in sales each month. Total July sales are anticipated to be:
Answers: 2
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On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?
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Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.
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A July sales forecast projects that 6,400 units are going to be sold at a price of $10.90 per unit....
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