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Showing posts with label Combs Inc. Show all posts
Showing posts with label Combs Inc. Show all posts

Monday, July 6, 2015

Combs, Inc. reports the following information for September sales

Combs, Inc. reports the following information for September sales:

Sales $15,000
Variable costs 3,000
Fixed costs 4,000
Operating income $ 8,000

Required:
If sales double in October, what is the projected operating income?

Click here for the solution: Combs, Inc. reports the following information for September sales