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Parker Corp

Question 102

Multiple Choice

Parker Corp. ,which operates on a calendar year,expects to sell 4,000 units in October,and expects sales to increase 20% each month thereafter.Sales price is expected to stay constant at $8 per unit.What are budgeted revenues for the fourth quarter?


A) $32,000
B) $96,000
C) $115,200
D) $116,480

Correct Answer:

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