Question
Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 360,000 Variable expenses 198,000 Contribution margin 162,000 Fixed expenses 112,000 Net operating
Schister Systems uses the following data in its Cost-Volume-Profit analyses:
| Total | ||
| Sales | $ | 360,000 |
| Variable expenses | 198,000 | |
| Contribution margin | 162,000 | |
| Fixed expenses | 112,000 | |
| Net operating income | $ | 50,000 |
What is total contribution margin if sales volume increases by 40%?
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a. $162,000
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b. $70,000
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c. $226,800
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d. $30,000
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
9th Edition
9781259722660
