ontier Corp. sells units for $40, has unit variable costs of $12, and fixed costs of $133,000. Frontier sells 10,000 units. If sales increase 24%, by how much will profits increase? Multiple Choice 24.00% 19.05% 45.71% 64.76%

ontier Corp. sells units for $40, has unit variable costs of $12, and fixed costs of $133,000. Frontier sells 10,000 units. If sales increase 24%, by how much will profits increase? Multiple Choice 24.00% 19.05% 45.71% 64.76%

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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Question

Frontier Corp. sells units for $40, has unit variable costs of $12, and fixed costs of $133,000. Frontier sells 10,000 units. If sales increase 24%, by how much will profits increase?
Multiple Choice
24.00%
19.05%
45.71%
64.76%

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