Homework Answers
Answer . C option - $15,000
Total Sales = 7*12000 = $84,000
Total Variable Costs = 4*12,000 = $48,000
Net Operating Income = 25% of net current sales = 0.25*84,000 =$21,000
Also we can arrive a the operating income from sales as in given formula = Sales - fixed costs - vaiable costs
Rearranging the formula i can say that fixed cost equals to = 21,000 -84000 +48000 =$15,000
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