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How much will operating income change

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Question - Variable costs as a percentage of sales for Leamon Inc. are 75%, current sales are $600,000, and fixed costs are $110,000. How much will operating income change if sales increase by $40,000?

$10,000 increase

$10,000 decrease

$30,000 decrease

$30,000 increase

Reference no: EM131785769

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