Information pertaining to ABC Company's sales budget is as follows:
			October	November	December
Unit sales			1,800	2,000	2,800
Unit sale price				$ 10.00
Credit card sales				60%
Cash sales				40%
Fees paid to credit card companies				3%
Cost of goods sold				40%	of net sales
Note: Net sales is gross sales less fees paid to credit card companies.
Required:
Compute the budgeted sales revenue, cost of goods sold and				(4 Marks)
gross margin for the month of November.