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Grafton Sells a Product for $700

Question 28

Multiple Choice

Grafton sells a product for $700. Unit sales for May were 400 and a 3% growth in unit sales is forecasted for each month. Compute the total sales 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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