Assume the following information: Amount Per Unit ...
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Accounting
Assume the following information:
Amount | Per Unit | |
---|---|---|
Sales | $ 300,000 | $ 40 |
Variable expenses | 120,000 | 16 |
Contribution margin | 180,000 | $ 24 |
Fixed expenses | 60,000 | |
Net operating income | $ 120,000 |
If unit sales increase by 23%, then the best of estimate of the new net operating income is:
Note: Do not round your intermediate calculations. possoble answers below
$69,600.
$161,400.
$189,000.
$166,000.
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