Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Management anticipates fixed costs of $74,200 and variable costs equal to 35% of sales. What will pretax income equal if sales are $342,000? A. $119,700.

Management anticipates fixed costs of $74,200 and variable costs equal to 35% of sales. What will pretax income equal if sales are $342,000?

A. $119,700.

B. $148,100.

C. $267,800.

D. $45,500.

E. $183,750.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions