Question
A contribution format income statement of Yang Company reported the following data for February: Sales revenue $2,500,000 Variable costs $1,500,000 Fixed costs $800,000 If the
A contribution format income statement of Yang Company reported the following data for February:
Sales revenue $2,500,000
Variable costs $1,500,000
Fixed costs $800,000
If the companys sales increase by 10%, its net operating income should increase by:
A. 2% B. 10% C. 25% D. 50% E. None of these
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Accounting Information System
Authors: James A. Hall
7th Edition
978-1439078570, 1439078572
