Genosis Metals provided the following information for last month: $$\begin{array} { l r }
\text { Sales } & \$ 20,000 \
\text { Variable costs } & 8,000 \
\text { Fixed costs } & 4,000 \
\text { Operating income } & \$ 8,000 \
\hline
\end{array}$$ If sales reduce to half the amount in the next month,what is the projected operating income?
A) $0
B) $4,000
C) $2,000
D) $6,000

Question

Genosis Metals provided the following information for last month: $$\begin{array} { l r } 
\text { Sales } & \$ 20,000 \
\text { Variable costs } & 8,000 \
\text { Fixed costs } & 4,000 \
\text { Operating income } & \$ 8,000 \
\hline
\end{array}$$ If sales reduce to half the amount in the next month,what is the projected operating income?
A) $0
B) $4,000
C) $2,000
D) $6,000

Quizplus · Accepted Answer

The Answer of Genosis Metals provided the following information for last month: $$\begin{array} { l r } 
\text { Sales } & \$ 20,000 \
\text { Variable costs } & 8,000 \
\text { Fixed costs } & 4,000 \
\text { Operating income } & \$ 8,000 \
\hline
\end{array}$$ If sales reduce to half the amount in the next month,what is the projected operating income?
A) $0
B) $4,000
C) $2,000
D) $6,000

Genosis Metals Provided the Following Information for Last Month If Sales Reduce to Half the Amount in the Next