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- In 2020, X Company's revenue was $180,000, its total variable costs were $108,000, and its fixed costs were $92,700. For 2021, the company assumes
- In 2020, X Company's revenue was $180,000, its total variable costs were $108,000, and its fixed costs were $92,700. For 2021, the company assumes that the relationship between revenue and variable costs will not change but that fixed costs will decrease by 20%. With a 30% tax rate, what will revenue have to be in 2021 in order for X Company to earn $46,800 after taxes?
A: $244,330 B: $276,093 C: $311,985 D: $352,543 E: $398,373 F: $450,162
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