The Variable Speed Company manufactures a line of high quality tools. The company sold 1,190,000 hammers at a price of $5.9 per unit last year. The company estimates that this volume represents a 20% share of the current hammers market. The market is expected to increase by 5%. Marketing specialists have determined that, as a result of a new advertising campaign and packaging, the company will increase its share of this larger market the 24%. Due to changes in prices, the new price for the hammer will be $6.20 per unit. This new price is expected to be in line with the competition and have no effect on the volume estimates. What are the estimated sales revenues in the coming year? Multiple Choice $8,846,460. $9,296,280. $9,761,194. Pablo Company has budgeted production for next year as follows: Four pounds of material A are required for each unit produced. The company has a policy of maintaining a stock of material A on hand at the end of each quarter equal to 30% of the next quarter's production needs for material A. A total of 40,000 pounds of material A are on hand to start the year. Budgeted purchases of material A for the second quarter would be: Multiple Choice 480,000 pounds. 468,000 pounds. Multiple Choice 480,000 pounds. 468,000 pounds. 372,000 pounds. 80,000 pounds