Cameroon Corp. manufactures and sells electric staplers for $15.20 each. If 10,000 units were sold in December, and management forecasts 4% growth in sales each month, the dollar amount of electric stapler sales budgeted for February should be:a) $152,000b) $164,403c) $177,818d) $158,080e) $170,979

The correct answer is:

$164,403 (b)

Explanation:

First of all let us lay out the information given clearly:

unit selling price = $15.20

number of units sold in December = 10,000 units

sale's growth rate per month = 4% = 0.04

Next, let us find the number of units sold in February, using the sales growth rate.

January sales = December sales + 4% increase

4% of December sales = 0.04 × 10,000 = 400 units

∴ January sales = 10,000 + 400 = 10,400 units

February sales = January sales + 4% increase

4% increase of January sales = 0.04 × 10,400 = 416 units

∴ February sales = 10,400 + 416 = 10,816

Next we will calculate the budgeted sales in amount for February, by multiplying the number of unit budgeted by the selling price per unit, as follows:

Budgeted sales in February = Number of units × selling price

= 10,816 × 15.20 = $164,403.2

= $164,403 ( to the nearest dollars)

metallurgy is your answer

the "study of metals and the process of refining ("

note that it says metal. metallurgy has the word "metal" in it, and so is most likely your answer (and is your answer).

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