Skyline Corporation provides the following financial data: • Contribution Margin: $15,200 • Operating Income: $7,250 If sales volume increases by 20%, by what percentage will the operating income increase? (Round your percentage to one decimal place.)
Skyline Corporation provides the following financial data: • Contribution Margin: $15,200 • Operating Income: $7,250 If sales volume increases by 20%, by what percentage will the operating income increase? (Round your percentage to one decimal place.)
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management
analysis
Section: Chapter Questions
Problem 16E
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Question
What percentage will the opereting income increase?
Transcribed Image Text:Skyline Corporation provides the following financial data:
•
Contribution Margin: $15,200
•
Operating Income: $7,250
If sales volume increases by 20%, by what percentage will the operating income
increase? (Round your percentage to one decimal place.)
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