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Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 350,000 Variable expenses 210,000 Contribution margin 140,000 Fixed expenses 110,000 Net operating
Schister Systems uses the following data in its Cost-Volume-Profit analyses:
| Total | ||
| Sales | $ | 350,000 |
| Variable expenses | 210,000 | |
| Contribution margin | 140,000 | |
| Fixed expenses | 110,000 | |
| Net operating income | $ | 30,000 |
What is total contribution margin if sales volume increases by 20%?
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Answer What is total contribution margin 16800000 Explanation The contribution margin is the exces...
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
2nd edition
73396958, 978-0077630461, 77630467, 978-0073396958
