Violet Sales Corp,reports the Year-End Information from 2019 as Follows

question 147

Multiple Choice

Violet Sales Corp,reports the year-end information from 2019 as follows:

Violet is developing the 2019 budget.In 2019 the company would like to increase selling prices by 3.5%,and as a result expects a decrease in sales volume of 14%.All other operating expenses are expected to remain constant.Assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost.
What is budgeted cost of goods sold for 2019?

• A)$91,160
• B)$109,710
• C)$14,840
• D)$253,679

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Definitions:

Well-being of Humans

The state of being comfortable, healthy, or happy, encompassing both physical and mental health.

Hindsight Bias

The tendency to believe, after learning an outcome, that one would have foreseen it, often referred to as the "I-knew-it-all-along" phenomenon.

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The use of violence and intimidation, especially against civilians, in the pursuit of political aims.