Koby Co Has Sales of $200,000 with Variable Expenses of $150,000

question 85

Multiple Choice

Koby Co. has sales of $200,000 with variable expenses of $150,000, fixed expenses of $60,000, and a net loss of $10,000. How much would Koby have to sell in order to achieve a net income of 10% of sales?

• A)$431,000.
• B)$451,000.
• C)$375,000.
• D)$400,000.

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