Homework SourseScholar Suppliers manufactures backpacks for students The ba
Scholar Suppliers manufactures backpacks for students. The backpacks come in two sizes: Small, and Large. Scholar Suppliers anticipates the following sales volumes and prices for the coming period:
What is the total budgeted revenue in dollars for the coming period?
| Size | Sales Volume | Selling Price |
| Small | 3,000 backpacks | $25 each |
| Large | 6,000 backpacks | $75 each |
Solution
The total budgeted revenue in dollars = (3,000 * $ 25) + ( 6,000 *$ 75)
= $ 525,000
Hence the correct answer is $ 525,000
