Question

The Fitter Snacker company sold 6,435 cases of snack bars in June of the previous year.They are expecting sales to increase by 3% this year.In addition,they are launching a promotional campaign in May,which they expect will increase sales in June by an additional 500 cases.
-What is the sales forecast for June of this year that Fitter Snacker should use?
a. 6,628
b. 7,128
c. 6,935
d. 7,143

Answer 1

Answer:

a. 6,628

Explanation:

Sales forecast for current year June month = 6,435 cases*(1+0.03)  = 6,435 cases*1.03 = 6,628.05 cases

Total sales for June in current year = Sales forecast for June + increase in sales due to promotion = 6,628.05 cases + 500 cases = 7,128.05 cases