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Income statement is as follows: Sales (10,000 units) $150,000 Less variable costs -48,000 Contribution margin $102,000 Less fixed costs -24,000 Net income $78,000 If sales
Income statement is as follows:
Sales (10,000 units) $150,000
Less variable costs -48,000
Contribution margin $102,000
Less fixed costs -24,000
Net income $78,000
If sales increase by 1,000 units, profits will:
a) increase by $4,800
b) increase by $12,000
c) increase by $8,000
d) increase by $10,200
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