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5 October, 07:39

Cyber Security Systems had sales of 4,600 units at $65 per unit last year. The marketing manager projects a 30 percent increase in unit volume sales this year with a 40 percent price increase. Returned merchandise will represent 5 percent of total sales. What is your net dollar sales projection for this year

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  1. 5 October, 09:53
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    Net dollar sales projection for this year = 516,971.00

    Explanation:

    Projected sales volume

    130% * 4,600 = 5,980units

    Project selling price

    =140% * $65

    = $91

    Total sales value

    = $91 * 5980units

    = $ 544,180.00

    Net dollar sales projection

    = Total sales value - Returned merchandise

    = 544,180.00 - (5% * 544,180.00)

    = $ 516,971.00

    Net dollar sales projection for this year = 516,971.00
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