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For the last five years, cost of goods sold (COGS) for Xenox Co. has averaged 40 percent of sales. This trend is expected to continue

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For the last five years, cost of goods sold (COGS) for Xenox Co. has averaged 40 percent of sales. This trend is expected to continue for the foreseeable future. If sales for 2022 are expected to be $1.8 million, what would be the forecast 2022 value for COGS? O a $1,080,000 O b. $900,000 OC. $1,200,000 As d. $720,000

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