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CVP analysis - 4 minutes + Colourful Calendars makes colouring book calendars. The company's contribution-format income statement for next year is as follows: Sales (2,000
CVP analysis - 4 minutes + Colourful Calendars makes colouring book calendars. The company's contribution-format income statement for next year is as follows: Sales (2,000 units) $250,000 Variable expenses 75.000 Contribution margin 125,000 Fixed expenses 85.000 Operating income $40,000 a) Calculate the degree of operating leverage Choose... b) if sales increase by 10% in the following year, by what dollar amount would net income increase fusing your answer from Part A to calculate)? Choose
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