Question

Cameroon Corp. manufactures and sells electric staplers for $18 each. If 14,800 units were sold in December, and management forecasts 5% growth in sales each month, the number of units of electric stapler sales budgeted for February should be:

Answer 1

Answer:

the number of units budgeted for the Feb month is 16,317 units

Explanation:

The computation of the number of units budgeted for the Feb month is as follows:

Budgeted sales in January is

= 14,800 units + 5% increase

= 15,540

Now  

Budgeted sales in February = 15,540 units + 5% increase

= 16,317

Hence, the number of units budgeted for the Feb month is 16,317 units