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Total $395,000 197,500 197,500 Fixed expenses 119,000 Net operating income $78,500 What is total contribution margin if sales volume increases by 20%? Variable expenses Contribution margin O $237,000 $62,800 Sales O $94,200 $197,500

Total $395,000 197,500 197,500 Fixed expenses 119,000 Net operating income $78,500 What is total contribution margin if sales volume increases by 20%? Variable expenses Contribution margin O $237,000 $62,800 Sales O $94,200 $197,500

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total $395,000 197,500 197,500 119,000 Net operating income $78,500 What is total contribution margin if sales volume increases by 20%? Variable expenses Contribution margin Fixed expenses O $237,000 $62,800 Sales $94,200 $197,500
Transcribed Image Text:Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total $395,000 197,500 197,500 119,000 Net operating income $78,500 What is total contribution margin if sales volume increases by 20%? Variable expenses Contribution margin Fixed expenses O $237,000 $62,800 Sales $94,200 $197,500
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