What its net operating income should be, Accounting Basics

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What its net operating income should be

Next year, Mudd Face Cosmetics, a single product company, expects to sell 9,000 jars of miracle glaze. Mudd Face is budgeting the following operating results for next year:

Sales .................................. $450,000
Variable expenses .............. 135,000
Contribution margin .......... 315,000
Fixed expenses .................. 252,000
Net operating income ........ $ 63,000

If sales next year at Mudd Face are 10% higher than expected,what its net operating income should be:

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Accounting Basics: What its net operating income should be

Reference No:- TGS090479

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Recent Questions Asked Accounting Basics

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Request for Solution File

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Accounting Basics: What its net operating income should be

Reference No:- TGS090479

Recent Questions Asked Accounting Basics

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