ABC Corporation has the following data for the current year: Sales 30,000 Variable Costs -12,000 Fixed Cost

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ABC Corporation has the following data for the current year:

Sales 30,000

Variable Costs -12,000

Fixed Cost -8,000

-----------------------------------------------------

Income Before Taxes 10,000

Calculate the income before taxes if sales increased by 30% in the next year. Show all of your work.

Related Book For answer-question

Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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Posted Date: Nov 21, 2022 06:53 AM

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ABC Corporation has the following data for the current year: Sales 30,000 Variable Costs -12,000 Fixed Cost

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Expert Answer:

Answer If sales increased by 30 that would mean that sales would be 30000 ... View the full answer

Cost Accounting Foundations and Evolutions

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