Survey of Accounting (Accounting I)
8th Edition
ISBN: 9781305961883
Author: Carl Warren
Publisher: Cengage Learning
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Need answer the accounting question not use ai
Transcribed Image Text:Vortex Technologies reported total sales of $480,000, at a price of $30 per unit,
and per unit variable expenses of $18, for the sales of their single product.
Total
Sales
Per Unit
$480,000
Variable Expenses
$288,000
Contribution Margin
$192,000
Fixed Expenses
$135,000
Net Operating Income $57,000
What is the amount of contribution margin if sales volume increases by 40%?
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