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Kelvin Co. produces and sells socks. Variable costs are budgeted at $4 per pair, and...

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Accounting

Kelvin Co. produces and sells socks. Variable costs are budgeted at $4 per pair, and fixed costs for the year are expected to total $90,000. The selling price is expected to be $6 per pair. The sales dollars required for Kelvin Co. to make a before-tax profit (B) of $10,000 are:

Multiple Choice

  • $312,000.

  • $309,000.

  • $276,000.

  • $300,000.

  • $306,000.

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