Question: How to solve this Question? Please provide explanation. Parker Corp., which operates on a calendar year, expects to sell 4,000 units in October, and expects

How to solve this Question? Please provide explanation.

Parker Corp., which operates on a calendar year, expects to sell 4,000 units in October, and expects sales to increase 20% each month thereafter. Sales price is expected to stay constant at $8 per unit. What are budgeted revenues for the fourth quarter? Selected Answer: @ $116,480 Answers: $32,000 $96,000 $115,200 $116,480

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