Fill This Form To Receive Instant Help
Fill This Form To Receive Instant Help
Homework answers / question archive / following information for September sales: Sales $ 30,000 Less: Variable Costs $ 6,000 Fixed costs $ 8,000 Operating income $ 16,000 Required: If sales double in October, what is the projected operating income? Select one: a
following information for September sales: Sales $ 30,000 Less: Variable Costs $ 6,000 Fixed costs $ 8,000 Operating income $ 16,000 Required: If sales double in October, what is the projected operating income? Select one: a. $40,000 b. $ 46,000 c. $ 32.000 d. $ 88,000 re to search
Calculating Projcted Operating Income if Sales double in October :
| Sales ($30000*2) | $ 60,000 |
| Less : | |
| Variable Cost ($6000*2) | $ 12,000 |
| Fixed Costs | $ 8,000 |
| Operating Income | $ 40,000 |
Note : Fixed Costs will not change along with change in sales.
Therefore, October's Projected Operating Income will be a.$40,000.
