Give me answer general accounting +The company specializes in pool maintenance. The most recent monthlycontribution format income statement is as follows:CategoryAmount (S$) Percent of Sales (%)Sales180,000100%Variable Expenses81,00045%Contribution Margin 99,00055%Fixed Expenses72,000Net Operating Income 27,000Requirement:Compute the company's Degree of Operating Leverage (DOL).

Step 1: Identify the contribution margin from the income statement.Step 2: Identify the net…

Answered: + The company specializes in pool…

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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Assume a company reported the following results: Sales $ 400,e00 Variable expenses Contribution margin Fixed expenses 260,e00 140,000 96,e00 Net operating income $ 44,000 Average operating assets $ 350, 000 The margin is closest to: Muitiple Choice 12.9%. 35.0%. 114.3%.
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Provide correct answer general accounting
The following information is available for Concord Corporation: Total fixed $150000 expenses == Total variable. 320000 expenses Sales Cost of goods sold $570000 370000 A CVP income statement would report O gross profit of $250000, contribution margin of $420000. Ogross profit of $200000. O contribution margin of $250000.

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