Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Tally Corp sells software during the recruiting seasons. During the current year, 10,000 software packages were solid resulting in $470,000 of sales revenue, $130,000 of

image text in transcribed
Tally Corp sells software during the recruiting seasons. During the current year, 10,000 software packages were solid resulting in $470,000 of sales revenue, $130,000 of variable costs, and $48,000 of fixed costs. If sales increase by $80,000, operating income will increase by ____.(Round interim calculations of two decimal places and the final answer to the nearest whole dollar.) A. $32,000 B. $30,588 C. 57,872 D. $48,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions