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Variable costs as a percentage of sales for Lemon Inc. are 77%, current sales are $501,000, and fixed costs are $187,000. How much will
Variable costs as a percentage of sales for Lemon Inc. are 77%, current sales are $501,000, and fixed costs are $187,000. How much will operating income change if sales increase by $41,3007 Oa. $31,801 decrease Ob. 59,499 decrease Oc. $31,801 increase Od. $9.499 increase
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Financial Statement Analysis
Authors: K. R. Subramanyam, John Wild
11th edition
78110963, 978-0078110962
