The Sizemore Company recently sold 2,500 units for $100 each; reported total variable costs of $162,500 and a net income of $47,500. If the company's price per unit increased by $5 and its volume decreased by 250 units, what would be the company's net income?
The Sizemore Company recently sold 2,500 units for $100 each; reported total variable costs of $162,500 and a net income of $47,500. If the company's price per unit increased by $5 and its volume decreased by 250 units, what would be the company's net income?
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter16: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 36P: Faldo Company produces a single product. The projected income statement for the coming year, based...
Question
![The Sizemore Company recently sold 2,500 units for $100 each; reported total
variable costs of $162,500 and a net income of $47,500. If the company's price per
unit increased by $5 and its volume decreased by 250 units, what would be the
company's net income?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8d42ee36-57a5-4dc7-8499-032f7fa9a1a5%2Fc3784b4d-ddeb-4c96-906a-c25de750a754%2Fwnllmr6_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The Sizemore Company recently sold 2,500 units for $100 each; reported total
variable costs of $162,500 and a net income of $47,500. If the company's price per
unit increased by $5 and its volume decreased by 250 units, what would be the
company's net income?
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