FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question 18 Omni Co. Manufactures I Phones. The selling price per unit is $240, the variable cost ratio is 65% and fixed costs are $40,000. Omni is currently selling 600 units during the month of January.2.
For next month, Omni is planning to increase its advertising budget by $9,000, which is expected to increase monthly sales by $30,000. Calculate the expected operating income for next month
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