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Rachel Janet is preparing the 2024 budget for one of BestKayak's roto-moulded kayaks. Extensive meetings with members of the sales department and executive team have

Rachel Janet is preparing the 2024 budget for one of BestKayak's roto-moulded kayaks. Extensive meetings with members of the sales department and executive team have resulted in the following unit sales projections for 2024.

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
400 450 680 810 900 1100 1250 1000 500 400 300 1000

Selling price is $540. For promotion activities, BestKayak's gives a 10% discount on selling price in September and December. All sales are on credit. The company expects that it can collect 20% of sales in the month of sales, 50% of sales in the next month, and the remaining 30% in second month.

Sales in November 2023 totaled to 250 units at the selling price of$540and in December 2023 to 1000 units at the 10% discount selling price.

BestKayaks' policy is to have finished goods ending inventory in a month equal to20%of the next month's anticipated sales. This policy also applied to ending inventory of finished goods on December 31, 2023.

Preliminary sales projections for 2025 are 550 units for January and 420 for February.

1. What are the budgeted total sales for the year 2024?

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