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Next year, Mudd Face Cosmetics, a single product company

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Next year, Mudd Face Cosmetics, a single product company, expects to sell 9,000 jars of miracle glaze. Mudd Face is budgeting the following operating results for next year;Sales........................$450,000;Variable expenses............$135,000;Contribution margin..........315,000;Fixed expenses...............252,000;Net operating income........$ 63,000;If sales next year at Mudd Face are 10% higher than expected, its net operating income should be;Answer;a. $6,300 higher than expected.;b. $4,410 higher than expected.;c. $44,100 higher than expected.;d. $31,500 higher than expected.

 

Paper#29524 | Written in 18-Jul-2015

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