Spartan Systems reported total sales of $374,400, at a price of $24 and per unit...
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Accounting
Spartan Systems reported total sales of $374,400, at a price of $24 and per unit variable expenses of $13, for the sales of their single product.
Total | Per Unit | ||||||
Sales | $ | 374,400 | $ | 24 | |||
Variable expenses | 202,800 | 13 | |||||
Contribution margin | 171,600 | $ | 11 | ||||
Fixed expenses | 95,000 | ||||||
Net operating income | $ | 76,600 | |||||
What is the amount of contribution margin if sales volume increases by 25%?
$19,500
$15,600
$214,500
$171,600
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