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What is overton estimated sales revenue for next year

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Reference no: EM132721604

Overton Industries has the following sales forecasts for its hip waders next year:

First Quarter 25,000 pairs

Second Quarter 5% increase over first quarter

Third Quarter 4% decrease from second quarter

Fourth Quarter 8% increase over first quarter

Problem 1: What is Overton's estimated sales revenue for next year if each pair sells for an average of $30?

Multiple Choice

Option 1: $2,872,500.
Option 2: $3,000,000.
Option 3: $3,036,000.
Option 4: $3,103,500.
Option 5: None of the answers is correct

Reference no: EM132721604

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