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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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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