Problemduring 2013 teko inc reported revenues of 891640 and, Ask an Expert

Accounting

Problem:

During 2013, Teko, Inc. reported revenues of $891,640 and profits of $91,486. Fixed costs were $332,043 and 44,582 units were sold.

Required:

Question: If costs and prices are expected to stay the same in 2012, and Bonzai expects to sell 45,000 units, what will be the company's budgeted profit?

A) $95,457

B) $124,388

C) $132,414

D) $152,177

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91167228

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