Kanek's contribution margin is 40%. The company is contemplating an advertising campaign that will cost $29,067. If sales are expected to increase $90,114, by how much will the company's net income increase?
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- What is the pro forma net income expected to be ?If the current market price for selling a product at Andrew Materials is $15.50 per unit, and the company wishes to make a 12% profit, what is the target cost? Help meA company has a contribution margin ratio of 35%. They are contemplating an advertising campaign that will cost £25,000. If sales increase by £75,000, what will be the impact on the company’s profit? A It will increase by £1,250 B It will decrease by £1,250 C It will increase by £17,500 D It will decrease by £17,500
- Friedman Co. is considering adding a new product. Based on preliminary market research, the company has decided that the price of the product should be $47. If the company's profit margin is 22 percent of revenues, what should the target cost be? $Need help with this financial accountingSedgwick Inc. is considering Plan 1 which is estimated to have sales of $40,000 and costs of $15,500. The company currently has sales of $37,000 and costs of $14,000.Compare plans using incremental analysis. If Plan 1 is selected, there would be incremental decreaseincrease in profit by $ .
- answer this with correct stepsIf the current market price for selling a product at Andrew Materials is $15.50 per unit, and the company wishes to make a 12% profit, what is the target cost? Accounting questionIf the current market price for selling a product at Andrew Materials is $15.50 per unit, and the company wishes to make a 12% profit, what is the target cost?