Nico’s Sports Manufacturing sells baseball gloves. December 2017 sales were 100,000 gloves @ $30 per unit, for a total sales of $3,000,000. The marketing department expect sales to increase by 1% in January 2108, another 1% in February 2018 and March 2018 sales are budgeted to be 500 gloves more than February.
a. Calculate the projected sales in January 2018
b. Calculate the projected sales in March 2018
c. Calculate the projected sales in the 1st quarter of 2018 (Jan – March)