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Parker Corporation, which operates on a calendar year, expects to sell 4,000 units in October, and expects sales to increase 20% each month thereafter. Sales
Parker Corporation, which operates on a calendar year, expects to sell 4,000 units in October, and expects sales to increase 20% each month thereafter. Sales price is expected to stay constant at $8 per unit. What are budgeted revenues for the fourth quarter?
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$32,000
$96,000
$115,200
$116,480
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