Copr. Goed Kelly's Karts, LLC reported the following Contribution Margin Income Statement. What is the effect on Net Income if the sales quantity increases by 100 units? Sales Variable costs Contribution margin Fixed costs Net Income $8.000 decrease O$8,000 increase O$3.200 increase $3,200 decrease Q700 $56,000 33.600 $22.400 12.000 $10,400 $80 48 $32 4

Copr. Goed Kelly's Karts, LLC reported the following Contribution Margin Income Statement. What is the effect on Net Income if the sales quantity increases by 100 units? Sales Variable costs Contribution margin Fixed costs Net Income $8.000 decrease O$8,000 increase O$3.200 increase $3,200 decrease Q700 $56,000 33.600 $22.400 12.000 $10,400 $80 48 $32 4

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter11: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 11.16E

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