Parker Corp., which operates on a calendar year, expects to sell 4,500 units in October,...

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Accounting

Parker Corp., which operates on a calendar year, expects to sell 4,500 units in October, and expects sales to increase 10% each month thereafter. Sales price is expected to stay constant at $16 per unit. What are budgeted revenues for the fourth quarter?

Multiple Choice

  • $72,000

  • $238,320

  • $216,000

  • $237,600

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