Calgary Doughnuts Had Sales of $200 Million in 2015

Multiple Choice

Calgary Doughnuts had sales of $200 million in 2015.Its cost of sales were $160 million.If sales are expected to grow at 10% in 2016,compute the forecasted costs using the percent of sales method.

A) $160 million
B) $170 million
C) $173 million
D) $176 million
E) $180 million