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Assume the following information: Amount Per Unit ...

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Question

Accounting

Assume the following information:

Amount Per Unit
Sales $ 300,000 $ 40
Variable expenses 120,000 16
Contribution margin 180,000 $ 24
Fixed expenses 60,000
Net operating income $ 120,000

If unit sales increase by 23%, then the best of estimate of the new net operating income is:

Note: Do not round your intermediate calculations. possoble answers below

$69,600.

$161,400.

$189,000.

$166,000.

Answer & Explanation Solved by verified expert
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