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Author Question: Violet Sales Corp, reports the year-end information from 2019 as follows: Sales (35,500 ... (Read 315 times)

cookcarl

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on: Mar 6, 2021
Violet Sales Corp, reports the year-end information from 2019 as follows:

Sales (35,500 units)$284,000
Cost of goods sold105,000
Gross margin179,000
Operating expenses  152,000
Operating income$27,000

Violet is developing the 2019 budget. In 2019 the company would like to increase selling prices by 3.5%, and as a result expects a decrease in sales volume of 14%. All other operating expenses are expected to remain constant. Assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost.

What is budgeted sales for 2019? (Round interim calculations to the nearest cent and the final answer to the nearest dollar.)
◦ $293,940
◦ $252,788
◦ $335,092
◦ $284,001
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by cookcarl on Mar 6, 2021

Anna

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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cookcarl

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

duy1981999

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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