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Spartan Systems reported total sales of $400,000, at a price of $20 and per unit variable expenses of $11, for the sales of their single
Spartan Systems reported total sales of $400,000, at a price of $20 and per unit variable expenses of $11, for the sales of their single product. |
Total | Per Unit | |
Sales | $400,000 | $20 |
Variable expenses | 220,000 | 11 |
Contribution margin | 180,000 | $9 |
Fixed expenses | 120,000 | |
Net operating income | $60,000 |
What is the amount of contribution margin if sales volume increases by 30%?
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