Fill This Form To Receive Instant Help
Fill This Form To Receive Instant Help
Homework answers / question archive / Last year you sold 520 boxes of doughnuts at a price of $10
Last year you sold 520 boxes of doughnuts at a price of $10.00 per box. This year you plan to increase unit sales by 50% and raises prices 10%. What do you forecast total doughnut sales to be this year?
Computation of Total Sales for Current Year:
Sales for Last year = 520 boxes
Sales for Current Year = 520 boxes*(1+50%) = 780 boxes
Sales price for Last year = $10 per box
Sales Price for Current Year = $10*(1+10%) = $11 per box
Total Sales for Current Year = 780 boxes*$11 per box = $8,580
