Cape Cod Cotton Candy Company had the following information available regarding last year's operation: Sales (100 units) Php200,000.00 Variable Cost 100,000.00 Contribution Php100,000.00 Fixed Costs. 50,000.00 Net Income Php 50,000.00 If sales were to increase by 200 units, what would be the effect on Net Income?
Cape Cod Cotton Candy Company had the following information available regarding last year's operation: Sales (100 units) Php200,000.00 Variable Cost 100,000.00 Contribution Php100,000.00 Fixed Costs. 50,000.00 Net Income Php 50,000.00 If sales were to increase by 200 units, what would be the effect on Net Income?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Cape Cod Cotton Candy Company had the following information available regarding last year's operation: Sales (100 units) Php200,000.00 Variable Cost 100,000.00 Contribution Php100,000.00 Fixed Costs. 50,000.00 Net Income Php 50,000.00
If sales were to increase by 200 units, what would be the effect on Net Income?
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