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managerial accounting - standard costs, variance analysis and control Middleton Associates is a consulting firm that rpecializes in in lormation systents for constrvicuan and landscaping
managerial accounting - standard costs, variance analysis and control
Middleton Associates is a consulting firm that rpecializes in in lormation systents for constrvicuan and landscaping compantes. The firm has two officet-one in Joronto and one in Vancouver. The firm classtlies the direct costs of consulting jobs as variable costs. A segmented contribution format income ilatement for the company s most recent year is given below. Required: Required: 1, By how muth would the companys operating income increase ir Varcotwer ancrisobed its sales by $93,000 per year? Assume no change in cokt behaviour pattems. 2-0. Reter to the original data. Assume that sales in Toronto increase by $50,000 next year and that sales in Vancouver remain unchanged. Assume no change in fixed costs. Prepare a new segmented income statement for the company. (Round your percentoge onswers to 2 decimal places.) Step by Step Solution
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