Question
company A is selling a product for $120. The contribution margin is 20%. Company A has sold 1,000 units in the current accounting period and
company A is selling a product for $120. The contribution margin is 20%. Company A has sold 1,000 units in the current accounting period and incurred a fixed cost of $12,000.
Calculate company A's operating income:
12,000
24,000
84,000
96,000
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Financial Accounting And Reporting
Authors: Mr Barry Elliott, Jamie Elliott
10th Edition
0273703641, 978-0273703648
