17 Grace manudactures and sels minionure digital cameres for
17 Grace manudactures and sels minionure digital cameres for $160 each.1400 units were sold in May, and management forecasts 4% growth\', unit soles each month a) Determine the number of units of camers sales for the month of June lb) Determine the dollar amount of comern sales for the month of June. Cap Lock K.
Solution
Unit sales in the month of May = 1400 units
Sale price per unit = $ 60 each
Answer : (a)
Expected growth in sale units in the month of June is 4%
Therefore actual sale units in the month of
June is = 1400 units * 104%
= 1,456 units.
Answer : (b)
Amount of camera sales = no of units in June * price per unit
= 1456 units * $ 60 per each
= 87,360 $ ( sales in the month of june )
