Question
6. Sales revenue (2,000 units * $50 per unit) $100,000 Cost of goods sold: Variable (2,000 units * $20 per unit) (40,000) Fixed (9,000)
6. Sales revenue (2,000 units * $50 per unit) $100,000 Cost of goods sold: Variable (2,000 units * $20 per unit) (40,000) Fixed (9,000) Gross Margin 51,000 ACC 201: Spring 2012 Take-home - Due 2/11/202 Administrative Salaries (13,000) Sales office Depreciation (4,000) Sales supplies (2,000 units "$3 per unit) (6,000) Net Income $28,000 Using the income statement above, if sales increased by 20%, (1) What percent will net income increase? (2) How much will the new net income be?
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Management Information Systems Managing the Digital Firm
Authors: Ken Laudon, Jane P. Laudon
13th edition
133050696, 978-0133050691
