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Gift Gallery sold 2,000 Zooglars during 2022. The following information is provided regarding the Zooglar product: Sales.... .... $ 24,000 60,000 Variable costs. Fixed costs...... 10,000 Net income.......... $ 26,000 If Gift Gallery sells 50 more units, by how much will its operating income increase? a. $540 b. $900 c. $18 d. $390 ..... ....... .…......

Gift Gallery sold 2,000 Zooglars during 2022. The following information is provided regarding the Zooglar product: Sales.... .... $ 24,000 60,000 Variable costs. Fixed costs...... 10,000 Net income.......... $ 26,000 If Gift Gallery sells 50 more units, by how much will its operating income increase? a. $540 b. $900 c. $18 d. $390 ..... ....... .…......

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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Gift Gallery sold 2,000 Zooglars during 2022. The following information is provided regarding the Zooglar product: Sales........... $ 60,000 Variable costs......... 10,000 Net Fixed costs..... income........... $ 26,000 If Gift Gallery sells 50 more units, by how much will its operating income increase? a. $540 b. $900 c. $18 d. $390 24,000
Transcribed Image Text:Gift Gallery sold 2,000 Zooglars during 2022. The following information is provided regarding the Zooglar product: Sales........... $ 60,000 Variable costs......... 10,000 Net Fixed costs..... income........... $ 26,000 If Gift Gallery sells 50 more units, by how much will its operating income increase? a. $540 b. $900 c. $18 d. $390 24,000
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