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Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $350, ee0 Variable expenses 210,000 Contribution margin 140, e00 Fixed expenses 110,e00 Net operating income $ 30,e00 What is total contribution margin if sales volume increases by 20%? Multiple Cholce $140,000 $36,000 $168,000 $24,000

Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $350, ee0 Variable expenses 210,000 Contribution margin 140, e00 Fixed expenses 110,e00 Net operating income $ 30,e00 What is total contribution margin if sales volume increases by 20%? Multiple Cholce $140,000 $36,000 $168,000 $24,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $350, 000 Variable expenses 210,000 Contribution margin 140,e00 Fixed expenses 110,000 Net operating income $ 30,000 What is total contribution margin if sales volume increases by 20%? Multiple Choice $140,000 $36,000 $168,000 $24,000
Transcribed Image Text:Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $350, 000 Variable expenses 210,000 Contribution margin 140,e00 Fixed expenses 110,000 Net operating income $ 30,000 What is total contribution margin if sales volume increases by 20%? Multiple Choice $140,000 $36,000 $168,000 $24,000
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