Question: Oceanview School a private high school is preparing planned income statement for the coming academic year ending August 31, 2013 Tuition revenues for the past

Oceanview School a private high school is preparing planned income statement for the coming academic year ending August 31, 2013 Tuition revenues for the past two years ending August were as 2000 und 2011. 5880.000 Total expers for 2012 were $830,000 and in 2011 54000 No altion rate changes occurred in 2011 2012 many expected to occur in 2013 Tuition feeded to be 0.00 for Requirement What net income should be planned for 2013. ming that the implied cost behavior remains unchanged? Les begin by the variable expense percentage Variable percent DOLL P R H

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