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can someone help with this accounting practice problem. what is the net operating income for this question Required information A company sold a total of
can someone help with this accounting practice problem. what is the net operating income for this question
Required information A company sold a total of 1,000 units for total sales revenue of $60,000. The company incurred total variable expenses of $39,000 and total fixed expenses of $ 14,700. Based on this, the company reported a total contribution margin of $21,000 and net operating income of $ 6,300. Use this information to answer the following questions. Assume that all units are within the relevant range. Calculate the net operating income if the variable cost per unit increases by $1. spending on fixed costs increases by $1,500, and unit sales increase by 200 units. Net operating income Step by Step Solution
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