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Parker Corp., which operates on a calendar year, expects to sell 3,000 units in October, and expects sales to increase 20% each month thereafter. Sales
Parker Corp., which operates on a calendar year, expects to sell 3,000 units in October, and expects sales to increase 20% each month thereafter. Sales price is expected to stay constant at $9 per unit. What are budgeted revenues for the fourth quarter?
a) $97,200.00
b) $98,280.00
c) $81,000.00
d) $27,000.00
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