Solution-What amount do sales dollars need to increase in

What amount do sales dollars need to increase in order

Reference no: EM132549452

Uniform Products has the following information available for the month of March:

Sales (4,000 units) $ 40,000

Variable costs 18,000

Fixed costs 5,000

Net income $ 17,000

Question 1: The company's manager is considering several options to increase net income. By what amount do sales dollars need to increase in order for net income to increase to $25,000?

A. $14,545

B. $25,000

C. $ 3,000

D. $18,820

Question 2: If sales revenue stays the same but the contribution margin ratio decreases, then:

A. net income will increase.

B. fixed costs will decrease.

C. net income will decrease.

D. fixed costs will increase.

Reference no: EM132549452

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What amount do sales dollars need to increase in order

Reference no: EM132549452

Reference no: EM132549452

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