What is the impact to net income, Operation Management

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What is the impact to net income

The management of Merklin Corporation expects sales in May to be $105,000. The company's contribution margin ratio is 70% and its fixed monthly expenses are $48,000.

Required:

a. Estimate the company's net income for May. Assume that the fixed monthly expenses do not change. (Hint: construct a contribution format income statement. Show your work!)

b. Assume that sales increase by $15,000. What is the impact to net income? Show your work.

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Operation Management: What is the impact to net income

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Operation Management: What is the impact to net income

Reference No:- TGS090845

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Recent Questions Asked Operation Management

Q : What is the amount of the adjusting entry on december 31

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Operation Management: What is the impact to net income

Reference No:- TGS090845

Recent Questions Asked Operation Management

Q : What is the amount of the adjusting entry on december 31

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Q : Flowchart which finds the height of the tallest student

Q : Quality costs in a restaurant environment

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