Question
company has provided the following data: Sales -----------------12,000 units Sales price----------------- $100 per unit Variable cost --------------$50 per unit Fixed cost ------------------$300,000 If the dollar
company has provided the following data:
Sales -----------------12,000 units
Sales price----------------- $100 per unit
Variable cost --------------$50 per unit
Fixed cost ------------------$300,000
If the dollar contribution margin per unit is increased by 10%, total fixed cost is decreased by 20%, and all other factors remain the same, by how much will net income increase?
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
11th Edition
978-0132568968, 9780132568968
