Smart company Sold 11,000 softwares during current year For $440,000 , Variable costs are $110,000 and $48,000 of fixed costs. If sales increase by $60,000, operating income will increase by ________. Question 12 ptsSmart company Sold 11,000 softwares during current year For $440,000, Variable costs are$110,000 and $48,000 of fixed costs. If sales increase by $60,000, operating income will increase by$60,000$45,000O$10,000$40.000

The contribution margin is calculated as difference between sales revenue and variable costs.

Answered: Smart company Sold 11,000 softwares…

Smart company Sold 11,000 softwares during current year For $440,000 , Variable costs are $110,000 and $48,000 of fixed costs. If sales increase by $60,000, operating income will increase by __

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter16: Financial Planning And Control

Section: Chapter Questions

Problem 7PROB

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Question

Smart company Sold 11,000 softwares during current year For $440,000 , Variable costs are $110,000 and $48,000 of fixed costs. If sales increase by $60,000, operating income will increase by ________.