An October sales forecast projects 7,000 units are going to be sold at a price of $11.50 per unit. The desired ending inventory in units is 15% higher than the beginning inventory of 1,000 units. Total October sales are anticipated to be a.$70,000 b.$80,500 c.$92,000 d.$69,000

$80,500

Explanation:

An October sales forecast project 7,000 units which is going to be sold at the price of $11.50 for one unit

The desired ending inventory is 15% higher than the beginning inventory which is set at 1,000 units

Therefore, the total October sales can be calculated as follows

Total October sales= 7,000 × $11.50

= $80,500

Hence the total October sales is anticipated to be $80,500

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