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Martinez's Maintenance Co. had the following results last month: Revenues were $7000, contribution margin totaled $4000, and operating income was $400. Revenues are expected to
Martinez's Maintenance Co. had the following results last month: Revenues were $7000, contribution margin totaled $4000, and operating income was $400. Revenues are expected to grow by 5% next month. Using the principle of degree of operating leverage (DOL) and based on the projected revenue increase, what can Martinez's expect in operating income next month? C M $520 $600 $560 $680
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Schaums Outline Of Theory And Problems Of Managerial Accounting
Authors: Jae K. Shim, Joel G. Siegel
0070573050, 978-0070573055
