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Question 5 O'Brien Company has one product and sold 10,000 units in the first quarter of 2019. The company expects to sell 25% more units

Question 5

O'Brien Company has one product and sold 10,000 units in the first quarter of 2019. The company expects to sell 25% more units in the first quarter of 2020, at a price of $50 per unit. Based on this information, what is the amount of sales revenue that will appear in the budgeted income statement for the first quarter of 2020?

a)

$625,000

b)

$550,000

c)

$575,000

d)

$600,000

e)

None of the answer choices is correct.

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