Question: Using the percentage method for estimating expenses, if the current beverage cost is 20 percent and projected beverage revenue is $60,000, the estimated beverage cost

Using the percentage method for estimating expenses, if the current beverage cost is 20 percent and projected beverage revenue is $60,000, the estimated beverage cost in dollars for the new budget period would be:? O a. $12,000. O b. $80,000. Oc. $48,000. Od. $72,000. W

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