salesSales100%Variable costs33,000Fixed CostsNet IncomeCompany A30%AmountP110,000 100%Contibution Margin P 44,00070%66,00030,000% of salesP 14,00060%40%Company BAmountP110,000P 77,00060,000P 17,000Assume Sales rise 10% in the next year,what will be the change inCompany B's Income?(You answer should be in percentage)% of

The contribution margin is calculated as difference between sales and variable costs. The operating…

sales Sales 100% 70% Fixed Costs Variable costs 33,000 Contibution Margin P 44,000 Net Income Company A Amount % of sales P110,000 100% 30% 66,000 30,000 P 14,000 60% 40% Company B Amount % of P110,000 P 77,000 60,000 P 17,000 Assume Sales rise 10% in the next year,what will be the change in Company B's Income?(You answer should be in percentage)

sales Sales 100% 70% Fixed Costs Variable costs 33,000 Contibution Margin P 44,000 Net Income Company A Amount % of sales P110,000 100% 30% 66,000 30,000 P 14,000 60% 40% Company B Amount % of P110,000 P 77,000 60,000 P 17,000 Assume Sales rise 10% in the next year,what will be the change in Company B's Income?(You answer should be in percentage)

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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