Question

Part C. Solve the following:

C.1. After careful analysis of the economic data from the U. S. Government the XYZ store set a sales plan increase for the next season (Feb-July) of 9.1%. Based on this year's sales plan what is the companies new projected sales plan for the next season?

C.2. In the prior year, the same sales period the XYZ store had actual sales of $1,740,000.00. What was the dollar increase/decrease in the sales period and suggest reasons for the change from one season to the next? What was the percentage increase/decrease?

Answer 1

1.

XYZ store set a sales plan increase for the next season = 9.1%

XYZ store had actual sales = $1,740,000.00

Sales plan for the next season = $1,740,000.00 *  9.1%

=$158,340.

Sales of the next season = $1,740,000 + $158,340.

=$1,898,340

2. Reasons for the change from one season to the next

• a) Increase in population drives to bigger utilization of supply which indirectly raised the sales

  b) The demand for the goods in the demand increased the sales

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