Answer the Following Question(s)using the Information Below

question 144

Multiple Choice

Answer the following question(s) using the information below.Kaiser's Kraft Korner sells a single product.7,000 units were sold resulting in $70,000 of sales revenue, $28,000 of variable costs, and $12,000 of fixed costs.
-Following is the Becker Company Ltd.partial income statement for the most recent year: Less operating expenses:
What would the Becker Company sales have to be in order for the company to have an operating income of $500,000?

• A)$1,796,667
• B)$2,001,988
• C)$1,372,000
• D)$1,411,000
• E)$1,567,824

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Definitions:

Original Cost

The initial purchase price or cost of acquiring an asset, including any expenses necessary to get the asset ready for use.

Batting Cages

Enclosed areas for baseball or softball players to practice batting.

Gain Or Loss

Gain or loss refers to the financial outcome resulting from the sale of an asset or investment, calculated as the difference between the sale price and the original purchase price.

Accumulated Depletion

The total reduction in value of a natural resource as it is extracted or used over time.