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Spartan Systems reported total sales of $390,000, at a price of $25 and per unit variable expenses of $16, for the sales of their single
Spartan Systems reported total sales of $390,000, at a price of $25 and per unit variable expenses of $16, for the sales of their single product. |
Total | Per Unit | |
Sales | $390,000 | $25 |
Variable expenses | 249,600 | 16 |
|
| |
Contribution margin | 140,400 | $9 |
|
| |
Fixed expenses | 109,000 | |
| ||
Net operating income | $31,400 | |
|
What is the amount of contribution margin if sales volume increases by 40%? (Round your intermediate calculations to 2 decimal places and your final answer to the nearest whole number.) |
rev: 03_17_2016_QC_CS-44872, 03_18_2016_QC_CS-44872
$40,600
$196,560
$17,400
$138,000
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