Multiple Choice
Answer the following questions using the information below:
Brent Enterprises reports the year-end information from 2011 as follows:
Brent is developing the 2012 budget. In 2012 the company would like to increase selling prices by 4%, and as a result expects a decrease in sales volume of 10%. All other operating expenses are expected to remain constant. Assume that COGS is a variable cost and that operating expenses are a fixed cost.
-What is budgeted sales for 2012?
A) $291,200
B) $262,080
C) $252,000
D) $280,000
Correct Answer:

Verified
Correct Answer:
Verified
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