Question
Spartan Systems reported total sales of $386,400, at a price of $23 and per unit variable expenses of $12, for the sales of their single
Spartan Systems reported total sales of $386,400, at a price of $23 and per unit variable expenses of $12, for the sales of their single product.
| Total | Per Unit | ||||||
| Sales | $ | 386,400 | $ | 23 | |||
| Variable expenses | 201,600 | 12 | |||||
| Contribution margin | 184,800 | $ | 11 | ||||
| Fixed expenses | 86,000 | ||||||
| Net operating income | $ | 98,800 | |||||
What is the amount of contribution margin if sales volume increases by 25%?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
