Nocum Corporation has provided the following income statement in contribution format. Assume that the following information is
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Question:
Nocum Corporation has provided the following income statement in contribution format. Assume that the following information is within the relevant range.
Sales (3,000 units) | ps | 120,000 |
Variable expends | 90.000 | |
Contribution margin | 30,000 | |
Fixed costs | 21,000 | |
operating margin | ps | 9,000 |
If sales decline to 2,900 units, Calculate net operating income.
Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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