Combs, Inc. reports the following information for September sales: Sales $15,000 Variable costs 3,000 Fixed costs 4,000
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Question:
Combs, Inc. reports the following information for September sales:
Sales $15,000
Variable costs 3,000
Fixed costs 4,000
Operating income $ 8,000
Required: If sales double in October, what is the projected operating income?
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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