A tile manufacturer has supplied the following data: Boxes of tiles produced and sold 520,000Sales revenue$2,132,000Variable manufacturing expense$650,000Fixed manufacturing expense$464,000Variable selling and administrative expense$260,000Fixed selling and administrative expense$312,000Net operating income$446,000If the company increases its unit sales volume by 3% without increasing its fixed expenses, then total net operating income should be closest to: (Round your intermediate calculations to 2 decimal places.)
A. $482,660
B. $453,667
C. $13,380
D. $459,380
Answer: A
Business
You might also like to view...
The money that remains after paying for taxes and necessities is referred to as ________.
A. gross income B. household income C. discretionary income D. net income E. disposable income
Business
The number of companies using social networking sites to promote their product and services ____ increasing
A) is B) are C) were
Business
Capital markets are all the financial institutions that help a business raise long-term capital
Indicate whether the statement is true or false
Business
The purpose of a pretrial conference is for the judge to get to know the parties involved in the suit before it is tried
a. True b. False Indicate whether the statement is true or false
Business