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Kindly answer questions 13 and 14. Should be accurate and not handwritten 10 Topic: Contribution Income Statement 13 Presented is Jack Company's Contribution Income Statement
Kindly answer questions 13 and 14. Should be accurate and
not handwritten
10 Topic: Contribution Income Statement 13 Presented is Jack Company's Contribution Income Statement JACK COMPANY Contribution Income Statement For the Month Ending January 31, 2020 Sales $200,000 Less variable costs Direct materials $50,000 Direct labor 20,000 Variable factory overhead 60,000 Vanable S&A expenses 12.000 (142.000) Contribution margin $58,000 Less fixed costs Factory overhead $ 13,000 Fixed S&A expenses 12.000 (25,000) Net income $ 23.000 Based on the contribution margin above, it Jack Company had $100,000 increase in sales, profit would increase by Topic: Operating Leverage 14. The Rachel Corporation has the following current data Selling price per unit Variable costs per unit Fixed costs Units sold $20 $8 S60 000 10.000 Calculate Alexis Corporation's current operating leverageStep by Step Solution
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