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Answer the Following Questions Using the Information Below

Question 78

Multiple Choice

Answer the following questions using the information below:
Brent Enterprises reports the year-end information from 2011 as follows:
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 cost of goods sold for 2012? A) $94,500 B) $98,280 C) $109,200 D) $105,000 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 cost of goods sold for 2012? A) $94,500 B) $98,280 C) $109,200 D) $105,000 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 cost of goods sold for 2012? A) $94,500 B) $98,280 C) $109,200 D) $105,000 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 cost of goods sold for 2012?


A) $94,500
B) $98,280
C) $109,200
D) $105,000

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