The estimated operating income will be $ 66,120 Requirement 5. Prove your answer to Requirement 4...
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The estimated operating income will be $ 66,120 Requirement 5. Prove your answer to Requirement 4 by preparing a contribution margin income statement with a 40% increase in total sales. (The sales mix remains unchanged.) Sweet Pea Donuts Contribution Margin Income Statement Month Ended August 31, 2016 Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Data table Sweet Pea Donuts Contribution Margin Income Statement Month Ended August 31, 2016 Sales Revenue Variable Costs: Cost of Goods Sold Selling Costs Administrative Costs Contribution Margin Fixed Costs: Selling Costs Administrative Costs Operating Income Print $ 32,100 17,300 1,800 31,050 10,350 Done $ 128,000 $ 14 51,200 76,800 41,400 35,400 X Minimize The estimated operating income will be $ 66,120 Requirement 5. Prove your answer to Requirement 4 by preparing a contribution margin income statement with a 40% increase in total sales. (The sales mix remains unchanged.) Sweet Pea Donuts Contribution Margin Income Statement Month Ended August 31, 2016 Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Data table Sweet Pea Donuts Contribution Margin Income Statement Month Ended August 31, 2016 Sales Revenue Variable Costs: Cost of Goods Sold Selling Costs Administrative Costs Contribution Margin Fixed Costs: Selling Costs Administrative Costs Operating Income Print $ 32,100 17,300 1,800 31,050 10,350 Done $ 128,000 $ 14 51,200 76,800 41,400 35,400 X Minimize
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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