Variable and Fixed Cost Components of COGS Assignment
February 19th, 2020
Hock, Inc | 2013 | 2014 |
Sales | 7,250 | 8,120 |
COGS | 5,200 | 5,615 |
Gross Profit | 2,050 | 2,504 |
Projected sales for 2015 are 8,932. Determine the variable and fixed cost components of COGS and then project the gross profit for 2015.
a. 2,754
b. 2,831
c. 2,928
d. 2,864. Get Finance homework help today