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Compute breakeven sales: revenue $650,000 $50 Variable expenses 227,500 17.50 Contribution margin 422,500 $32.50 Fixed expenses 289,250 Operating income $ 133,250 What is Wildhorse's margin of safety? What is Wildhorse's margin of safety? Margin of safety If Wildhorse's sales were to increase by $200,000 with no change in fixed expenses, by how much would operating income increase? Net Operating income will increase by

Compute breakeven sales: revenue $650,000 $50 Variable expenses 227,500 17.50 Contribution margin 422,500 $32.50 Fixed expenses 289,250 Operating income $ 133,250 What is Wildhorse's margin of safety? What is Wildhorse's margin of safety? Margin of safety If Wildhorse's sales were to increase by $200,000 with no change in fixed expenses, by how much would operating income increase? Net Operating income will increase by

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Compute breakeven sales: revenue $650,000 $50 Variable expenses 227,500 17.50 Contribution margin 422,500 $32.50 Fixed expenses 289,250 Operating income $ 133,250 What is Wildhorse's margin of safety? What is Wildhorse's margin of safety? Margin of safety If Wildhorse's sales were to increase by $200,000 with no change in fixed expenses, by how much would operating income increase? Net Operating income will increase by
Transcribed Image Text:Compute breakeven sales: revenue $650,000 $50 Variable expenses 227,500 17.50 Contribution margin 422,500 $32.50 Fixed expenses 289,250 Operating income $ 133,250 What is Wildhorse's margin of safety? What is Wildhorse's margin of safety? Margin of safety If Wildhorse's sales were to increase by $200,000 with no change in fixed expenses, by how much would operating income increase? Net Operating income will increase by
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