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    Fundamental Accounting Principles Study Set 6
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    Exam 22: Master Budgets and Planning
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    Zhang Industries Sells a Product for $700
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Zhang Industries Sells a Product for $700

Question 1

Question 1

Multiple Choice

Zhang Industries sells a product for $700.Unit sales for May were 400 and each month's sales are expected to exceed the prior month's results by 3%.Compute the total sales dollars to be reported on the sales budget for month ended June 30.


A) $280,000.
B) $297,000.
C) $271,600.
D) $288,400.
E) $364,000.

Correct Answer:

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