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Cabrera Enterprises-6.png Sales Unit (52,200) Sales $ 1,995,000 Variable Expense $ 1,181,250 Contribution Margin $ 813,750 Fixed Expense $ 697,200 Net Operating Income $ 116,550
Cabrera Enterprises-6.png
Sales Unit (52,200) | |
Sales | $ 1,995,000 |
Variable Expense | $ 1,181,250 |
Contribution Margin | $ 813,750 |
Fixed Expense | $ 697,200 |
Net Operating Income | $ 116,550 |
Prepare a contribution margin income statement if the selling price increases by 10% and the fixed expenses increase by 15%. (Round to the nearest whole dollar)
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