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Income Statement of Base Corporation Sales Volume Present Sales $ 100,000 Variable expenses 50,000 Contribution margin 50,000 Fixed expenses 20,000 Net Operating income $ 30,000
| Income Statement of Base Corporation | ||
| Sales Volume Present | ||
| Sales | $ | 100,000 |
| Variable expenses | 50,000 | |
| Contribution margin | 50,000 | |
| Fixed expenses | 20,000 | |
| Net Operating income | $ | 30,000 |
Knowledge Check 01
If sales increase by $50,000, what will be the net operating income for the company?
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$25,000
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College Accounting, Chapters 1-15
Authors: James A. Heintz, Robert W. Parry
21st Edition
1285639723, 9781285639727
