Question
Variable costs as a percentage of sales for Lemon Inc. are 66%, current sales are $605,000. and fixed costs are $208,000. How much will operating
Variable costs as a percentage of sales for Lemon Inc. are 66%, current sales are $605,000. and fixed costs are $208,000. How much will operating income change if sales increase by $37,500?
a.$12,750 decrease
b.$24,750 increase
c.$12,750 increase
d.$24,750 decrease
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Business Finance 101 Monopolies Accounting Audits And Blockchain
Authors: Louis Bevoc
1st Edition
1791808182, 978-1791808181
