Montoya Manufacturing Has Fixed Costs of $3000000 and Variable Costs

question 47

Multiple Choice

Montoya Manufacturing has fixed costs of $3000000 and variable costs are 40% of sales. What are the required sales if Montoya desires net income of $300000?

• A) $5500000
• B) $5000000
• C) $8250000
• D) $7500000

---

Definitions:

Energy Information Administration

A U.S. Government agency responsible for collecting, analyzing, and distributing energy information to promote sound policymaking, efficient markets, and public understanding of energy and its interaction with the economy and the environment.

Energy Storage Problem

Refers to the challenge of capturing energy produced at one time for use at a later time, important for renewable energy sources that don't produce power continuously.

Wind Turbines

Mechanical devices that convert wind energy into electrical energy.

Solar Power

Energy from the sun that is converted into thermal or electrical energy, considered a renewable and clean source of power.