QUESTION 2
Scholar Suppliers manufactures backpacks for students. The backpacks come in two sizes: Small, and Large. Scholar Suppliers anticipates the following sales volumes and prices for the coming period:
Size |
Sales Volume |
Selling Price |
Small |
3,000 backpacks |
$25 each |
Large |
6,000 backpacks |
$75 each |
What is the budgeted level of revenue for the coming period?
BUDGETED LEVEL OF REVENUE = REVENUE OF SMALL + REVENUE OF LARGE BACKPACK
= ( 3000 * 25) + ( 6000 * 75)
= 75000 + 450000
= $ 525000
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