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6. Compute the new operating income if sales are 10% higher than expected. Enter your answer to the nearest whole dollar. Break-Even Units, Contribution Margin
6. Compute the new operating income if sales are 10% higher than expected. Enter your answer to the nearest whole dollar.
Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: Total Sales $ 11,700,000 Total variable cost 6,786,000 Contribution margin $ 4,914,000 Total fixed cost 3,075,072 Operating income $ 1,838,928Step by Step Solution
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