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LiChan LiChan
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8 years ago
The following sales forecast in dollars was provided for Lotions, Inc. a seller of various bath products:
   First   Second   Third   Fourth
Forecasted   Quarter   Quarter   Quarter   Quarter   Total
Sales   $34,450   $28,400   $30,000   $45,750   $138,600
If the cost of forecasted sales is 65% of current quarters sales, what is the cost of forecasted sales for the first quarter?
A) $16,050.00
B) $22,392.50
C) $12,057.50
D) $18,460.00
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
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hol23hol23
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LiChan Author
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8 years ago
Wow!
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