Sjostrom Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (7,000 units)$280,000Variable expenses 182,000Contribution margin 98,000Fixed expenses 84,000Net operating income$14,000If the variable cost per unit increases by $10, spending on advertising increases by $1,500, and unit sales increase by 15,800 units, the net operating income would be closest to:
A. $91,200
B. $5,700
C. $12,500
D. $114,100
Answer: B
You might also like to view...
Every project has the same potential to evolve into a high-performance team.
Answer the following statement true (T) or false (F)
In the process of reconciling its bank statement for April, Donahue Enterprises' accountant compiles the following information: Cash balance per company books on April 30$6190?Deposits in transit at month-end$1470?Outstanding checks at month-end$790?Bank charge for printing new checks$130?Note receivable and interest collected by bank on Donahue's behalf$600?A check paid to Donahue during the month by a customer is returned by the bank as NSF$650??The adjusted cash balance per the books on April 30 is:
A. $3750 B. $5670 C. $6010 D. $6660 E. $7990
Which statement is not true if deciding on the number of scale categories to use in a non-comparative itemized rating scale?
A) Traditional guidelines suggest that the appropriate number of categories should be seven plus or minus two: between five and nine. B) The smaller the number of scale categories, the finer the discrimination among stimulus objects that is possible. C) If the respondents are not very knowledgeable or not involved with the task, fewer categories should be used. D) How the data are to be analyzed and used should also influence the number of categories.
Because of perception and decision biases, most negotiators tend to overestimate the probability that a negotiation will be
A. integrative. B. distributive. C. value-creating. D. None of these choices is correct.