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The company has just hired a new marketing manager who insists that unit sales can be dramatically increased by dropping the selling price from $8
The company has just hired a new marketing manager who insists that unit sales can be dramatically increased by dropping the selling price from $8 to $7. The marketing manager would like to use the following projections in the budget:
Requirement 2: The company has just hired a new marketing manager who insists that unit sales can be dramatically increased by dropping the selling price from $8 to $7. The marketing manager would like to use the following projections in the budget: Data Year 2 Quarter Year 3 Quarter 45,000 70,000110,00070,000 85,000 Budgeted unit sales 90,000 per Selling price per unit $7unit 1 Chapter 7: Applying Exce 3 Data 5 Budgeted unit sales 7 Selling price per unit Year 2 Quarter Year 3 Quarter 3 45,00070,000 110,00070,00085,00090,000 $8 per unit Accounts receivable, beginning balance $65,000 75% 25% 30% Sales collected in the quarter sales are made Sales collected in the quarter after sales are made Desired ending finished goods inventory is .Finished goods inventory, beginning of the budgeted unit sales of the next quarter 12 12,000 units Raw materials renuired to nroducStep by Step Solution
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