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Problem
A tile manufacturer has supplied the following data.
Boxes of tile produced and sold 625,000Sales revenue $2,975,000Variable manufacturing expense $1,720,000Fixed manufacturing expense $790,000Variable selling and admin expense $152,000Fixed selling and admin expense $133,000Net operating income $180,000
Required:
Calculate the company's unit contribution margin.
Calculate the company's contribution margin ratio.
If the company increases its unit sales volume by 5% without increasing its fixed expenses, what would the company's net operating income be?
Respond to the following independent issues concerning the capital stock of corporations in your initial post:
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