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What is the projected operating income

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Reference no: EM131800423

Problem

Combs, Inc., reports the following information for May sales:

Sales        

$300,000

Variable costs

  100,000

Fixed costs

  40,000

Operating income

$160,000

Required: The questions below are independent of each other, so go back to the original information above when you answer the question. Fill in the table below to answer the questions. Do not use dollar signs, but do use commas.

1. If sales volume triple in May, what is the projected operating income?
2. If sales volume decrease by 20%, what is the projected operating income?

 

 Original

#1 Sales triple

#2 Decrease of 20% in sales

Sales

$300,000

Blank 1

Blank 2

Variable costs

 100,000

Blank 3

Blank 4

Fixed costs

  40,000

Blank 5

Blank 6

Operating income

$160,000

Blank 7

Blank 8

Reference no: EM131800423

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