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Cocoa Chanel is a company producing and selling chocolate bars. Its management accountant, Suwailim, estimated at the beginning of December that in November the contribution
Cocoa Chanel is a company producing and selling chocolate bars. Its management accountant, Suwailim, estimated at the beginning of December that in November the contribution margin was 39,696.00 for an operating income of 4,196.00. Muhammad, the CEO of the company, needs to communicate to the owners a profit forecast for the current month and therefore asked his trusted accountant to produce an estimate. Assuming a constant technology and an increase in sales revenues of 13.00%, what profit forecast should Suwailim give his CEO? (1 point) a. 8,811.00. b. 4,923.31. C. 4,805.95. d. 9,356.48. e. 6,556.02
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