Question
Company A sells a single product. 500 units were sold resulting in $25,000 of sales revenue, $10,000 of variable cost, and $3,600 of fixed cost.
Company A sells a single product. 500 units were sold resulting in $25,000 of sales revenue, $10,000 of variable cost, and $3,600 of fixed cost.
What is operating income if a 5% increase in fixed cost?
a. 11,220
B. 11,000
C. 10,000
D. none of them
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Connect For Payroll Accounting 2020
Authors: Jeanette Landin
6th Edition
1260943895, 9781260943894
