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The following is Allison Corporation's contribution format income statement for last month: Sales $880,000 Variable expenses 340,000 Contribution margin 540,000 Fixed expenses 420,000 Net operating
| The following is Allison Corporation's contribution format income statement for last month: |
| Sales | $880,000 |
| Variable expenses | 340,000 |
| Contribution margin | 540,000 |
| Fixed expenses | 420,000 |
| Net operating income | 120,000 |
| The company has no beginning or ending inventories. The company produced and sold 10,000 units last month. |
| If sales increase by 240 units, by how much should net operating income increase? A. $21,120 B. $2,880 C. $6,480 D. 12,960 |
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Commercial Energy Auditing Reference Handbook
Authors: Steve Doty
3rd Edition
1498769268, 978-1498769266
