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Schister Systems uses the following data in Its Cost-Volume-Profit analyses: Total $ 400,000 220,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income 180,000 120,000 $ 60,000

Schister Systems uses the following data in Its Cost-Volume-Profit analyses: Total $ 400,000 220,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income 180,000 120,000 $ 60,000

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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Schister Systems uses the following data In Its Cost-Volume-Profit analyses: Total $ 400,000 220,000 180,000 120,000 $ 60,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income What is total contribution margin if sales volume Increases by 30%? Multiple Choice O O $180,000 $78,000 $234,000 $42,000
Transcribed Image Text:Schister Systems uses the following data In Its Cost-Volume-Profit analyses: Total $ 400,000 220,000 180,000 120,000 $ 60,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income What is total contribution margin if sales volume Increases by 30%? Multiple Choice O O $180,000 $78,000 $234,000 $42,000
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