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Virginia Company's total costs of operating 4 sales offices last year were $560,000, of which...

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Accounting

Virginia Company's total costs of operating 4 sales offices last year were $560,000, of which $76,000 represented fixed costs. Virginia has determined that total costs are significantly influenced by the number of sales offices operated. Last year's costs and number of sales offices can be used as the basis for predicting annual costs. What would be the budgeted cost for the coming year if Virginia were to operate 7 sales offices? (CPA adapted)

$608,000.

$923,000.

$847,000.

$802,000.

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