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Compute cost-volume-profit

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Reference no: EM132540047

Based on this scenario: Mary ideas include the installation of a new lighting system and increased display space that will add $24,000 in fixed costs to the $270,000 in fixed costs currently spent. In addition, Mary is proposing a 5% price decrease ($40 to $38) will produce a 20% increase in sales volume (20,000 to 24,000). Variable costs will remain at $24 per pair of shoes.

Question 1: Compute CVP (Cost-Volume-Profit) income statement for current operations and another after Mary's changes are introduced?

Reference no: EM132540047

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