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A July sales forecast projects that 10,000 units are going to be sold at a price of $11.50 per unit. Management forecasts 4% growth in

A July sales forecast projects that 10,000 units are going to be sold at a price of $11.50 per unit. Management forecasts 4% growth in sales each month. Total August sales are anticipated to be:

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$124,200.
$110,400.
$115,000.
$110,000.
$119,600.

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