Q 8

Sandra handles the sales and marketing department for the organization and is currently busy in the marketing of new product. Based on her analysis, the company will achieve its target sales of 300 units in the first month of product's launch and 330 units in the following month. The cost of the product to the company is $220 per unit, and the company has decided to sell this product at maximum retail price (MRP) of $320. The company is expecting a sales return of 7% and factored in a prompt payment discount of 1.5% from its suppliers. What will the net sales be in the first month assuming Sandra's assumptions are correct? O $89280 O $61380 O $87941 O $96000