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Not changed since last attempt Marked out of 0.25 Answer the following questions using the information below: Ossmann Enterprises reports year-end information from 20x4 as

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Not changed since last attempt Marked out of 0.25 Answer the following questions using the information below: Ossmann Enterprises reports year-end information from 20x4 as follows: Sales (80,000 units) $480,000 Cost of goods sold 320.000 Gross margin 160,000 Operating expenses 130.000 Operating income $ 30,000 Ossmann is developing the 20x5 budget. In 20x5 the company would like to increase selling prices by 8%, and as a result expects a decrease in sales volume of 10%. All other operating expenses are expected to remain constant. Assume that COGS is a variable cost and that operating expenses are a fixed cost What is budgeted sales for 20X5? Select one: A. $432,000 B. $466,560 C. $533,333 D. $518,400

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