Question
QUESTION 16 Kikou Co. sells two different products with the following monthly sales and contribution margin ratios: Product A Product B Total Sales $ 690,000
QUESTION 16
Kikou Co. sells two different products with the following monthly sales and contribution margin ratios:
|
|
| Product A |
| Product B |
| Total |
| Sales |
| $ 690,000 |
| $ 310,000 |
| $ 1,000,000 |
| Contribution margin ratio |
| 69% |
| 77% |
| ? |
|
|
|
|
|
|
|
|
Fixed expenses total $597,000 per month.
What is the company's net operating income? Do not include a dollar sign in your response.
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Principles Of External Auditing
Authors: Brenda Porter, David Hatherly, Jon Simon
3rd Edition
0470018259, 9780470018255
