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"A company noted the following relationship between its sales and operating expenses:

"A company noted the following relationship between its sales and operating expenses:

2004 sales of $20,000 and operating expenses of $4,000
2005 sales of $24,000 and operating expenses of $4,100
2006 sales of $18,000 and operating expenses of $4,400
2007 sales of $30,000 and operating expenses of $6,500
2008 sales of $27,000 and operating expenses of $6,000
2009 sales of $32,000 and operating expenses of $5,800

Based upon the data, how much should the company budget for operating expenses in 2010? ______ a sales level of $38,000? _______

This question was asked on May 31, 2010.

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