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Manama Company has the following income statement: Revenues $100.000: Variable costs $40,000: Contribution Margin $60,000: Fixed Costs $30.000; Operating income $30,000. If Manama's sales increase
Manama Company has the following income statement: Revenues $100.000: Variable costs $40,000: Contribution Margin $60,000: Fixed Costs $30.000; Operating income $30,000. If Manama's sales increase by $20,000, what will be the increase in the company's operating income?A) 542.000 I A $50,000 $30,000 $12,000
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