Bunbury Doughnuts Had Sales of $200 Million in 2016

question 28

Multiple Choice

Bunbury Doughnuts had sales of $200 million in 2016. Its cost of sales was $160 million. If sales are expected to grow at 10% in 2017, compute the forecasted costs using the per cent of sales method.

• A)$173 million
• B)$176 million
• C)$170 million
• D)$160 million

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