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23. The following is a variable costing income statement: Sales $750,000 Variable manufacturing costs $200,000 Variable selling/admin. costs $150,000 Contribution margin $400,000 Fixed manufacturing overhead
23. The following is a variable costing income statement: Sales $750,000 Variable manufacturing costs $200,000 Variable selling/admin. costs $150,000 Contribution margin $400,000 Fixed manufacturing overhead $50,000 Fixed selling/admin expense $75,000 Operating income $275,000 Determine the increase in operating income when sales increase by 8%. $60,000 $28,000 $22,000 $32,000
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Management Accounting Bite Sized For The Accounting Students Professionals And Non Accountants
Authors: Alfred Quinsay
1st Edition
B098LQZ9S6
