Question
CK Ltd uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 345,000 Variable expenses 207,000 Contribution margin 138,000 Fixed expenses 109,000 Net operating
CK Ltd uses the following data in its Cost-Volume-Profit analyses:
|
| Total |
| Sales | $ 345,000 |
| Variable expenses | 207,000 |
| Contribution margin | 138,000 |
| Fixed expenses | 109,000 |
| Net operating income | $ 29,000 |
What is total contribution margin if sales volume increases by 40%?
a.$17,400
b.$ 193,200
c.$40,600
d.$138,000
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Auditing A Practical Approach
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren
4th Canadian Edition
1119709490, 9781119709497
