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By how much should operating income increase

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Reference no: EM132986918

Question - Klein Company distributes a high-quality bird feeder that sells for $25 per unit. Variable costs are $10 per unit, and fixed costs total $264,000 annually.

Required - Answer the following independent questions:

1. What is the product's CM ratio?

2. Use the CM ratio to determine the break-even point in sales dollars.

3. The company estimates that sales will increase by $58,000 during the coming year due to increased demand. By how much should operating income increase?

Reference no: EM132986918

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