Warrix Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.
Sales (3,000 units) $ 120,000
Variable expenses 90,000
Contribution margin 30,000
Fixed expenses 27,000
Net operating income $ 3,000
If sales increase to 3,020 units, the increase in net operating income would be closest to:
a. $800.00
b. $20.00
c. $600.00
d. $200.00
Answers: 3
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Warrix Corporation has provided the following contribution format income statement. Assume that the...
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