Refer to the information above. In order to earn an operating income of $252,000, Grayson's monthly sales must be:

Question

Quizplus · Accepted Answer

Operating income = Sales - Cost of goods sold - Operating expenses
$252,000 = Sales - ($1,050,000 + 210,000) - ($420,000 + $84,000)

Simplifying the equation:
$252,000 = Sales - $1,344,000

Sales = $1,596,000 per month

Therefore, the closest option is Choice C, $1,800,000.

Refer to the Information Above