Question
Amanda's Silver Company produces a unique item with the following information: Sales price $40 per unit Variable costs $10 per unit Fixed Costs $15,000 Units
Amanda's Silver Company produces a unique item with the following information: Sales price $40 per unit Variable costs $10 per unit Fixed Costs $15,000 Units produced and sold 2,000 Required: Calculate the following based on the above information:
A. Net income
B. Contribution margin per unit
C. Contribution margin ratio
D. If Amanda's sells 100 more additional units, by what amount will net income increase?
E. If Amanda's has an additional $2,000 in sales, by what amount will net income increase?
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IT Auditing Using Controls To Protect Information Assets
Authors: Chris Davis, Mike Schiller, Kevin Wheeler
3rd Edition
1260453227, 978-1260453225
