Answer the following questions using the information below:
Tally Corp. sells softwares during the recruiting seasons. During the current year, 11,000 softwares were sold resulting in $440,000 of sales revenue, $110,000 of variable costs, and $48,000 of fixed costs.
-If sales increase by $60,000,operating income will increase by ________.
A) $10,000
B) $40,000
C) $45,000
D) $60,000
Correct Answer:
Verified
Q5: The contribution income statement highlights _.
A) gross
Q7: Which of the following is an assumption
Q9: Answer the following questions using the information
Q12: As per CVP,operating income calculations use _.
A)
Q14: Which of the following is true of
Q15: Answer the following questions using the information
Q16: Contribution margin equals _.
A) revenues minus period
Q16: Answer the following questions using the information
Q17: The contribution margin income statement _.
A) reports
Q18: In the graph method of CVP analysis,the
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