Philip Inc. has provided the following sales and cost data: Sales and Costs Data Sales and Costs Amount Sales per unit $80 Variable cost per unit $30 Total Fixed costs $280,000 Units sold 12,000 By how much will operating income change if sales increase by 7,200 units? Group of answer choices $400,000 increase $576,000 increase $360,000 decrease $360,000 increase

Philip Inc. has provided the following sales and cost data: Sales and Costs Data Sales and Costs Amount Sales per unit $80 Variable cost per unit $30 Total Fixed costs $280,000 Units sold 12,000 By how much will operating income change if sales increase by 7,200 units? Group of answer choices $400,000 increase $576,000 increase $360,000 decrease $360,000 increase

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 14EB: Company A has current sales of $4,000,000 and a 45% contribution margin. Its fixed costs are...

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Sales and Costs	Amount
Sales per unit	$80
Variable cost per unit	$30
Total Fixed costs	$280,000
Units sold	12,000

Similar questions

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