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Overton Industries has the following sales forecasts for its hip waders next year: First Quarter 25,000 pairs Second Quarter 5 % increase over first quarter

Overton Industries has the following sales forecasts for its hip waders next year:

First Quarter 25,000 pairs
Second Quarter 5 % increase over first quarter
Third Quarter 4 % decrease from second quarter
Fourth Quarter 8 % increase over first quarter

What is Overtons estimated sales revenue for next year if each pair sells for an average of $30?

Multiple Choice

  • $2,872,500.

  • $3,000,000.

  • $3,036,000.

  • $3,103,500.

  • None of the answers is correct.

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