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For the upcoming year, the Hotel Acadia banquet department expects to generate $4,056,000 of revenue. Based on historical trends, the company makes the most sales
For the upcoming year, the Hotel Acadia banquet department expects to generate $4,056,000 of revenue. Based on historical trends, the company makes the most sales in the fourth quarter. As a result, it assumes that the fourth quarter will contribute 60% of the annual revenue. The remaining budgeted amount will be allocated equally between the other three quarters.
For each quarter, calculate the budgeted sales in dollars.
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