Company XYZ made total sales of $250,000 during the month of December.The company also incurred total expenses of $170,000. Of that amount 60% was fixed expenses . Compay XYZ expect sales to increase by 11% next month .What is the expected operating profit, in ($) value , next month ? a) 100,020 b) 88,800 c) none of the given answers d) 80,000 e) 182,000

Company XYZ made total sales of $250,000 during the month of December.The company also incurred total expenses of $170,000. Of that amount 60% was fixed expenses . Compay XYZ expect sales to increase by 11% next month .What is the expected operating profit, in ($) value , next month ? a) 100,020 b) 88,800 c) none of the given answers d) 80,000 e) 182,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 20MC: Wallace Industries has total contribution margin of $58,560 and net income of $24,400 for the month...

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