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Nine by Nine is estimating fixed cost to be $975000 in the coming year. the marketing department claims a 300,000 units will be sold at
Nine by Nine is estimating fixed cost to be $975000 in the coming year. the marketing department claims a 300,000 units will be sold at $10 each. Currently variable cost are $6 per unit.
the company president believes cutting the sales price to $9 per unit will increase sales to 360,000 units.
using a variable cost (contrabution margin) income statement, what wil the net income (loss) be if the presidents assumptions are correct? $_________
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