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Hock, Inc 2013 2014 Sales 7,250 8,120 COGS 5,200 5,615 Gross Profit 2,050 2,504 Projected sales for 2015 are 8,932. Determine the variable and fixed

Hock, Inc	2013	2014
Sales	7,250	8,120
COGS	5,200	5,615
Gross Profit	2,050	2,504

Projected sales for 2015 are 8,932. Determine the variable and fixed cost components of COGS and then project the gross profit for 2015.

a. 2,754

b. 2,831

c. 2,928

d. 2,864

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