Gray Uniforms is a wholesaler who sells school uniforms to retailers. On August 1, Gray contracts with Excel School Uniforms to sell 3,000 uniforms e Excel to be delivered September 1. The contract price is set at $200 each. The contract provides for a 10% volume discount if sales exceed 2,000 uniforms. The probability of sales of 2,000 uniforms is expected to be 60%. Using the most likely amount approach, the consideration is estimated to be___. A. $500,000 B. $250,000 C. $400,000 D. $360,000Show transcribed image text Gray Uniforms is a wholesaler who sells school uniforms to retailers. On August 1, Gray contracts with Excel School Uniforms to sell 3,000 uniforms e Excel to be delivered September 1. The contract price is set at $200 each. The contract provides for a 10% volume discount if sales exceed 2,000 uniforms. The probability of sales of 2,000 uniforms is expected to be 60%. Using the most likely amount approach, the consideration is estimated to be___. A. $500,000 B. $250,000 C. $400,000 D. $360,000
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