The DeSoto Container Company Has Sales of $3

Multiple Choice

The DeSoto Container Company has sales of $3.6 million and operating expenses of $225,000. The firm uses the percentage of sales approach and estimates next year's sales at $3.8 million. What are the operating expenses expected to be next year?

A) $221,231
B) $225,123
C) $229,400
D) $232,549
E) $237,500