Given the information below, questions from #19 to #20.

The total amount of sales your company had in 2018 was $500,000, and this amount was expected to increase by 12% in 2019.

Your companys cost of food sold was $125,000 in 2018. This variable cost remained at the same percentage of sales when you budgeted for 2019.

What would be the budgeted total sales for 2019?

A. $60,000

B. $575,000

C. $560,000

D. $500,000

What would be the budgeted cost of food sold for 2019?

A. $140,000

B. $150,000

C. $15,000

D. $125,000