Question
uke Company (Luke) has a contribution margin of $600,000 and operating income of $200,000. If sales increase by 15%, what percentage will Luke's operating profits
uke Company ("Luke") has a contribution margin of $600,000 and operating income of $200,000. If sales increase by 15%, what percentage will Luke's operating profits increase?
| a. | 45% | |
| b. | 5% | |
| c. | 15% | |
| d. | 60% |
The BK Company had the following utility costs. What is the correct cost formula for these costs?
| Kilowatts Used | 100 | 200 | 300 | 400 |
| Total Costs | $250,000 | $282,000 | $314,000 | $346,000 |
| a. | Y = 320x + $218,000 | |
| b. | None of the above answers is correct | |
| c. | Y = 320x + $186,000 | |
| d. | Y = 800x |
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CISA Certified Information Systems Auditor Study Guide
Authors: David L. Cannon, Timothy S. Bergmann, Brady Pamplin
1st Edition
0782144381, 978-0782144383
