Shock Company manufactures electronic equipment. The following is a summary of its basic cost and revenue...
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Shock Company manufactures electronic equipment. The following is a summary of its basic cost and revenue data: Percent 100 65 35 Sales price Variable costs Unit contribution margin Per Unit $ 480 312 $ 168 Assume that Shock Company is currently selling 600 products per month and monthly fixed costs are $80,000. Shock Company's operating income (ng) is calculated to be: Shock Company manufactures electronic equipment. The following is a summary of its basic cost and revenue data: Percent 100 65 35 Sales price Variable costs Unit contribution margin Per Unit $ 480 312 $ 168 Assume that Shock Company is currently selling 600 products per month and monthly fixed costs are $80,000. Shock Company's operating income (ng) is calculated to be:
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Solution Sales 480 x 600 units 288000 variable expenses 312 x 600 uni... View the full answer
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
Posted Date:
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