Solution-Find what amount net operating income will increase

Find what amount net operating income will increase

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Reference no: EM132546621

Bloomington Corporation reported the following on their contribution format income statement:

Sales (12,000 units) $175,000

Less: variable expenses 100,000

Contribution margin 75,000

Less: fixed expenses 62,500

Net operating income $ 12,500

Question 1: If sales increase by 10%, net operating income will increase by what amount?

Option a) $-0-

Option b) $ 1,500

Option c) $ 7,500

Option d) $30,000

Reference no: EM132546621

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Find what amount net operating income will increase

Reference no: EM132546621

Reference no: EM132546621

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