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Following is the Becker Company Ltd. partial income statement for the most recent year: Becker Company Ltd. Partial Income Statement Most Recent Year Sales $
Following is the Becker Company Ltd. partial income statement for the most recent year:
Becker Company Ltd. |
Partial Income Statement |
Most Recent Year |
Sales | $ 1,190,000 |
Cost of goods sold | 476,000 |
Gross margin | $ 714,000 |
Less operating expenses:
Fixed | $39,000 |
Variable | 357,000 | 396,000 |
Operating income | $ 318,000 |
What would the Becker Company sales have to be in order for the company to have an operating income of $500,000?
Question 2Select one:
a.
$1,411,000
b.
$2,001,988
c.
$1,567,824
d.
$1,796,667
e.
$1,372,000
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