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MG Lighting had sales of 1,000 units at $100 per unit last year. The marketing manager projects a 10 percent decrease in unit volume this
MG Lighting had sales of 1,000 units at $100 per unit last year. The marketing manager projects a 10 percent decrease in unit volume this year because a 20 percent price increase is needed to pass rising costs through to customers. Returned merchandise will represent 2 percent of total sales. What is your net dollar sales projection for this year?
a.
$172,800
b.
$169,344
c.
$206,976
d.
none of the above
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