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3 years ago

The income statement for Sweet Dreams Company is divided by its two product lines, blankets and) pillows, as follows:

Business

1 answer:

Lady_Fox [76]3 years ago

3 0

Answer:

Effect on income= $16,000 increase

Explanation:

Giving the following information:

Pillows

Sales revenue $300,000

variable expenses 240,000

Contribution margin 60,000

Fixed expenses 76,000

Operating income(loss) (16,000)

<u>To calculate the effect on income, we need to use the following formula:</u>

Effect on income= avoidable fixed costs - contribution margin

Effect on income= 76,000 - 60,000

Effect on income= $16,000 increase

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4 years ago

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Answer:

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4 years ago

Read 2 more answers