Organizer Company Has Fixed Costs of $200,000 and Variable Costs

question 83

Multiple Choice

Organizer Company has fixed costs of $200,000 and variable costs are 60% of sales.How much will Organizer Company report as sales when its net income equals $20,000?

• A)$550,000
• B)$366,667
• C)$520,000
• D)$132,000

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Definitions:

Constructive Feedback

Information provided to an individual aimed at improving their performance or behavior in a supportive manner.

Professional Credibility

The perception of an individual's or organization's reliability, expertise, and trustworthiness in a professional context.

Parliamentary Procedures

A set of rules for conduct at meetings, allowing for orderly and efficient decision making, often used in legislative bodies.

Interpersonal Dynamics

The patterns of interaction and behavior between individuals in personal relationships.