Basing on salary increments, what is the projected budget if current sales total $1,00,000?

Prepare for the Jean Inman Registered Dietitian (RD) Domain 3 Exam with insightful questions and comprehensive study materials. Enhance your knowledge with our expert-designed quizzes and strategic tips. Master the exam with confidence!

To determine the projected budget based on the current sales total of $1,000,000 and the implications of salary increments, it’s essential to understand how salary increments affect overall budget projections.

In this scenario, if we are assuming an average salary increment of 6.4% based on the total sales revenue, the calculation would proceed as follows:

  1. Calculate the total increase due to the salary increment:
  • $1,000,000 * 0.064 = $64,000.
  1. Add this increment to the current sales total to project the budget:
  • $1,000,000 + $64,000 = $1,064,000.

This resulting value reflects the projected budget, taking the salary increments into account. Thus, the correct choice aligns with this calculation, making it the most reasonable projection based on the given information regarding sales and the assumed percentage for salary increases.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy