Question
PLO Ltd. sells a single product. 10 000 units were sold resulting in $100 000 of sales revenue, $40 000 of variable costs, and $12
PLO Ltd. sells a single product. 10 000 units were sold resulting in $100 000 of sales revenue, $40 000 of variable costs, and $12 000 of fixed costs. If sales increase by $25 000, operating profit will increase by:
| A. | $22 200. | |
| B. | $15 000. | |
| C. | $10 000. | |
| D. | None of these answers are correct. |
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Financial Accounting
Authors: Walter B. Meigs, A. N. Mosich, Robert F. Meigs
2nd Edition
0070412901, 978-0070412903
