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Tile Co. Income Statement Budget sales volume, unit: 3,000 Sales: 18.00 Variable product: 6.50 variable selling and admin: 3.50 contribution margin: 8.00 fixed product: 2.00

Tile Co. Income Statement Budget

sales volume, unit: 3,000 Sales: 18.00 Variable product: 6.50 variable selling and admin: 3.50 contribution margin: 8.00 fixed product: 2.00 fixed variable selling and admin: 0.70 operating income: 5.30

Tile Co. is budgeting for next year. Their initial budget is shown above. If they wish to budget for 8,000 units, what would the new budgeted profit be? Enter as a whole number, no commas and no dollar signs.

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