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Accounting Midterm help




Need this back in 30 minutes or less;Test is online but timed.;A cement manufacturer has supplied the following data;Tons of cement produced and sold 220,000;Sales revenue $924,000;Variable manufacturing expense $297,000;Fixed manufacturing expense $280,000;Variable selling and admin expense $165,000;Fixed selling and admin expense $82,000;Net operating income $100,000;Required;a. Calculate the company's unit contribution margin.;b. Calculate the company's contribution margin ratio.;c. If the company increases its unit sales volume by 5% without increasing its fixed expenses, what would the company's net operating income be?


Paper#77499 | Written in 18-Jul-2015

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