Manhattan Enterprises manufactures cookware sets and sells the sets to department stores
Manhattan expects to sell 2,400 cookware sets for $200 each in April and 3,500 cookware sets for $215 each in May. Sales are 15% cash and 85% on account. Compute the total budgeted sales for May.
A) $752,500
B) $480,000
C) $112,875
D) $9,594,375
A .B) Budgeted sales for May:
Expected sales x Expected selling price
3,500 sets x $215 = $752,500
Business
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