MCT Company sells a single product. 4,000 units were sold resulting in $80,000 of sales revenue, $56,000 of variable :($) costs, and $12,000 of fixed costs. If sales increase by 400 units, operating income will increase by 3,000 .a None of the amounts given b O 3,600 .c O 8,000 d O 2,400 .e O

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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MCT Company sells a single product. 4,000 units were sold resulting in $80,000 of sales revenue, $56,000 of variable
:($) costs, and $12,000 of fixed costs. If sales increase by 400 units, operating income will increase by
3,000 a
None of the amounts given b O
3,600 .c O
8,000 d O
2,400 .e
Transcribed Image Text:MCT Company sells a single product. 4,000 units were sold resulting in $80,000 of sales revenue, $56,000 of variable :($) costs, and $12,000 of fixed costs. If sales increase by 400 units, operating income will increase by 3,000 a None of the amounts given b O 3,600 .c O 8,000 d O 2,400 .e
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