y also incurred total expenses of $170,000. Of that amount 60%% was fixed expenses. Company XYZ expects sales to increase

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 20MC: Wallace Industries has total contribution margin of $58,560 and net income of $24,400 for the month...
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Company XYZ made total sales of $250,000 during the month of December. The company also incurred total expenses of $170,000. Of that amount 60% was
by 11% next month. What is the expected operating profit, in ($) value, next month?
Select one:
O a 182,000
O b. None of the given answers
O c 80,000
O d. 88.800
O e. 100,020
Transcribed Image Text:Company XYZ made total sales of $250,000 during the month of December. The company also incurred total expenses of $170,000. Of that amount 60% was by 11% next month. What is the expected operating profit, in ($) value, next month? Select one: O a 182,000 O b. None of the given answers O c 80,000 O d. 88.800 O e. 100,020
any also incurred total expenses of $170,000. Of that amount 60% was fixed expenses. Company XYZ expects sales to increase
Transcribed Image Text:any also incurred total expenses of $170,000. Of that amount 60% was fixed expenses. Company XYZ expects sales to increase
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