Question

Overton Industries has the following sales forecasts for its hip waders next year: First Quarter 30,000...

Overton Industries has the following sales forecasts for its hip waders next year:

First Quarter 30,000 pairs
Second Quarter 4 % increase over first quarter
Third Quarter 2 % decrease from second quarter
Fourth Quarter 7 % increase over first quarter


What is Overton’s estimated sales in units for next year?

Multiple Choice

  • 123,876 pairs.

  • 116,100 pairs.

  • 120,000 pairs.

  • 122,076 pairs.

  • None of the answers is correct.

Business   Accounting   
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Answer #1

Ans is 123,876 pairs

Quarter Sale in units
First Quarter 30000
Second Quarter 31200 30000*1.04
Third Quarter 30576 31200*.98
Fourth Quarter 32100 30000*1.07
Total 123876
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