Sunny Weather manufactures and sells weather stations for $1,200.00 each. If 12,750 units were sold in...
Sunny Weather manufactures and sells weather stations for $1,200.00 each. If 12,750 units were sold in April, and management forecasts 6.4% growth in sales each month, the number of weather stations sales budgeted for August should be: (round to the nearest unit)
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13,566 |
||
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16,341 |
||
|
15,358 |
||
|
14,434 |
||
|
12,750 |
Homework Answers
Answer- The number of weather stations sales budgeted for August should be= 16341 units.
Explanation- Number of weather stations sold in April =12750 units
Growth rate = 6.4% of sales each month
Number of weather stations sales budgeted for August = 12750 units* (1+.064)4
= 12750 units*1.28164135321
= 16341 units
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