Quizzes CENG-3136-01F- Cons Cost Control&Finance-Georg; 35-01F -Con... Content G

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Quizzes CENG-3136-01F- Cons Cost Control&Finance-Georg; 35-01F -Con... Content Grades Assessments Communication Resources Folio Help Online Roon Exam #2-Quiz Left: 2:43:40 Grant Pagan: Attempt 1 Question 11 (3.33 points) (Use the following data needed to achieve the required net profit (BT), to answer this question.) What is the earnings volume required for Option A? 20X4 BUDGET AMOUNT PERCENT $1,200,000 100 $1,080,000 90 EARNINGS VARIABLE COST FIXED OPERATING EXPENSE NET PROFIT $100,000 $20,000 OTHER DATA: I. Net profit required (BT)=$50,000 2. Maximum company market share $1,350,000 3. The market is competitive 4. No advanced project management procedures are applied. 3

Explanation / Answer

Correct option is C

$2,851,711

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