Sully Company sells 20,000 units at $12 per unit. Variable costs are $9 per unit, and fixed costs are $25,000. Determine income from operations.
$60,000 |
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$240,000 |
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$25,000 |
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$35,000 |
Sales(20,000*12) | 240,000 |
Less:Variable cost(20,000*9) | 180,000 |
Contribution margin | 60,000 |
Less:Fixed costs | 25000 |
Income from operations | $35,000 |
Sully Company sells 20,000 units at $12 per unit. Variable costs are $9 per unit, and...
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