Question
Variable costs as a percentage of sales for Lemon Inc. are 73%, current sales are $564,000, and fixed costs are $185,000. How much will
Variable costs as a percentage of sales for Lemon Inc. are 73%, current sales are $564,000, and fixed costs are $185,000. How much will operating income change if sales increase by $47,500? a. $34,675 decrease b. $34,675 increase c. $12,825 increase d. $12,825 decrease Previous Next
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Essentials of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
14th edition
324422709, 324422702, 978-0324422702
