Question
Manhattan Enterprises manufactures cookware sets and sells the sets to department stores. Manhattan expects to sell 2,800 cookware sets for $280 each in April and
Manhattan Enterprises manufactures cookware sets and sells the sets to department stores. Manhattan expects to sell 2,800 cookware sets for $280 each in April and 4,000 cookware sets for $295 each in May. Sales are 30% cash and 70% on account. Compute the total budgeted sales for May.
A. 826,000
B. 354,000
C. 1,180,000
D. 784,000
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Introduction To Financial Accounting
Authors: Charles T Horngren, John A Elliott
9th Edition
0131479725, 978-0131479722
