A July sales forecast projects that 6,000 units are going to be sold at a price of $10.50 per unit. The management forecasts 2% growth in sales each month. Total August sales are anticipated to be:

Total August sales are anticipated to be $64,260

Explanation:

The calculation of total august sales is shown below:

= August sales units * selling price per unit

where,

August sale units = July sales units + 2% of July sales units

= 6,000 + 2% * 6,000

= 6,000 + 120

= 6,120 units

And, the per unit sales is $10.50

Now put these values to the above formula

So, the value would be equal to

= 6,120 * $10.50

= $64,260

Hence, Total August sales are anticipated to be $64,260