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Problem 1: In 2020, Cards by Shannon generated the sales shown. The company expects for sales to increase by 2% for each product in the following year if the prices remain the same. Determine the budgeted revenue for 2021.
Cards by Shannon
Sales Budget
For the Year Ended December 31, 2020
Sales (2020) Sales (2021)
Selling Price per Unit Budgeted Revenue
Product A 2,000 $10
Product B 5,000 12
Product C 1,500 8
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