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What should be the budgeted operating income

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Reference no: EM133109303

Question - Kern Company prepared the following tentative budget for next year:

Sales $500,000

Selling price $5 per unit

Variable expenses $300,000

Fixed expenses $150,000

The sales manager argues that the unit selling price could be increased by 20%, with an expected volume decrease of only 10%. If Kern incorporates these changes in its budget, what should be the budgeted operating income?

Reference no: EM133109303

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