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Variable costs as a percentage of sales for leamon inc are

Question - Variable costs as a percentage of sales for Leamon Inc. are 75%, current sales are $600,000, and fixed costs are $110,000. How much will operating income change if sales increase by $40,000?

$10,000 increase

$10,000 decrease

$30,000 decrease

$30,000 increase

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Accounting Basics: Variable costs as a percentage of sales for leamon inc are

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Accounting Basics: Variable costs as a percentage of sales for leamon inc are

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