Use a contribution margin format

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Reference no: EM131260149

A company's flexible budget for 60,000 units of production showed sales of $96,000, variable costs of $36,000, and fixed costs of $26,000. What operating income would be expected if the company produces and sells 70,000 units? Use a contribution margin format. You must show how you calculated each number for credit. Use the template below for all of the remaining problems. Check: Operating income should be greater than $43,000.

Sales $

Variable costs $

Contribution margin $

Fixed costs $

Operating income $

Reference no: EM131260149

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