Company XYZ made total sales of $250,000 during the month of December. The company also incurred total expenses of $170,000. Of that amount 60% wasby 11% next month. What is the expected operating profit, in ($) value, next month?Select one:O a 182,000O b. None of the given answersO c 80,000O d. 88.800O e. 100,020 any also incurred total expenses of $170,000. Of that amount 60% was fixed expenses. Company XYZ expects sales to increase

Answered: y also incurred total expenses of…

y also incurred total expenses of $170,000. Of that amount 60%% was fixed expenses. Company XYZ expects sales to increase

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Company XYZ made total sales of $250,000 during the month of December. The company also incurred total expenses of $170,000. Of that amount 60% was
by 11% next month. What is the expected operating profit, in ($) value, next month?
Select one:
O a 182,000
O b. None of the given answers
O c 80,000
O d. 88.800
O e. 100,020

any also incurred total expenses of $170,000. Of that amount 60% was fixed expenses. Company XYZ expects sales to increase

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