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Spartan Systems reported total sales of $340,000, at a price of $20 and per unit variable expenses of $11, for the sales of their single
Spartan Systems reported total sales of $340,000, at a price of $20 and per unit variable expenses of $11, for the sales of their single product. |
Total | Per Unit | |
Sales | $340,000 | $20 |
Variable expenses | 187,000 | 11 |
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| |
Contribution margin | 153,000 | $9 |
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| |
Fixed expenses | 104,000 | |
| ||
Net operating income | $49,000 | |
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What is the amount of contribution margin if sales volume increases by 20%? (Round your intermediate calculations to 2 decimal places and your final answer to the nearest whole number.) |
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