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Assume the following information: Amount Per Unit Sales $ 300,000 $ 40 Variable expenses...

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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 10%, then the best of estimate of the new net operating income is:

Multiple Choice

  • $132,000.

  • $138,000.

  • $150,000.

  • $140,000.

Answer & Explanation Solved by verified expert
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