Question
You have been provided with the following information Sales $90,000 Less Variable Exp (54,000) Contribution margin 36,000 Less Fixed Exp (24,000) Operating Profit $12,000 If
You have been provided with the following information Sales $90,000 Less Variable Exp (54,000) Contribution margin 36,000 Less Fixed Exp (24,000) Operating Profit $12,000 If sales decrease by 10%, what level of fixed expenses will maintain the current operating profit?
| $12,000
| ||
| $20,400
| ||
| $21,600
| ||
| $24,000 |
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Accounting For Financial Instruments
Authors: Cormac Butler
1st Edition
0470699809, 978-0470699805
