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Suppose Company B sold 10 percent more units during the year than it did according to table. Determine Company B's operating profit for this scenario. (Assume fixed operating expenses remain the same at the higher sales volume.)
Company B
Company C
Totals
Per Unit
Sales volume, in units
50,000
1,500,000
Sales revenue
$15,000,000
$300.00
$36,000,000
$24.00
Cost of goods sold expense
$7,500,000
$150.00
$27,000,000
$18.00
Gross margin
$9,000,000
$6.00
Variable operating expenses
$3,750,000
$75.00
$4,200,000
$2.80
Contribution margin
$4,800,000
$3.20
Fixed operating expenses
$1,950,000
$39.00
$3,000,000
$2.00
Operating profit
$1,800,000
$36.00
$1.20
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