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At the beginning of the year, Blossom had beginning inventory of 2480 scooters. Blossom estimates...

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Accounting

At the beginning of the year, Blossom had beginning inventory of 2480 scooters. Blossom estimates it will sell 6200 units during the first quarter of the current year, with a 10% increase in sales each quarter. It is Blossom's policy to maintain an ending inventory equal to 20% of the next quarter's budgeted sales. Each scooter costs $124 to produce and sold for $186. How much is the budgeted sales revenue for the third quarter of the current year?
$1268520.
$930248.
$1395372.
$768800.
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