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A company has a budgeted sales volume of 5,000 units at a selling price of $50 p

Practice Questions

Q1
A company has a budgeted sales volume of 5,000 units at a selling price of $50 per unit. What is the total budgeted revenue?
  1. $250,000
  2. $200,000
  3. $300,000
  4. $150,000

Questions & Step-by-Step Solutions

A company has a budgeted sales volume of 5,000 units at a selling price of $50 per unit. What is the total budgeted revenue?
  • Step 1: Identify the budgeted sales volume, which is 5,000 units.
  • Step 2: Identify the selling price per unit, which is $50.
  • Step 3: Multiply the budgeted sales volume by the selling price to find the total budgeted revenue.
  • Step 4: Calculate 5,000 units * $50 = $250,000.
  • Budgeted Revenue Calculation – This concept involves calculating total revenue based on budgeted sales volume and selling price.
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