Raul Auto’s most recent income statement is given below. Sales (8,000 units)

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Raul Auto’s most recent income statement is given below. Sales (8,000 units)

Post by answerhappygod »

Raul Auto’s most recent income statement is given below.
Sales (8,000 units)


$160,000
Less variable costs


(68,000)
Contribution margin


92,000
Less fixed costs


(50,000)
Operating income


$42,000
Suppose, Raul 's units sold are doubled, what then is Raul’s
Operating Income?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”