FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question

hre.2

Variable costs as a percentage of sales for Lemon Inc. are 76%, current sales are $621,000, and fixed costs are $175,000. How much will operating income change if sales increase by $45,400? Oa. $34,504 decrease Ob. $10,896 increase Oc. $34,504 increase Od $10,896 decrease
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Transcribed Image Text:Variable costs as a percentage of sales for Lemon Inc. are 76%, current sales are $621,000, and fixed costs are $175,000. How much will operating income change if sales increase by $45,400? Oa. $34,504 decrease Ob. $10,896 increase Oc. $34,504 increase Od $10,896 decrease
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