Safe Door Company manufactures burglar-resistant commercial door locks. Recently, the company began selling locks on...
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Safe Door Company manufactures burglar-resistant commercial door locks. Recently, the company began selling locks on the Web, and the company expects sales to increase dramatically compared with the prior year. For the past year, 2011, unit sales were as follows: First quarter 23,000 Second quarter 28,000 Third quarter 27,000 Fourth quarter 32,000 Sales for each quarter in 2012 are expected to be 15 percent higher than they were in 2011. Each lock is sold for $17. How much is the sales budget for the third quater?
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