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Find how much should net operating income increase

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Reference no: EM132568994

Picanto Company distributes a lightweight lawn chair that sells for $15 per unit variable costs are $6 per unit, and fixed costs total $180,000 annually.

Instructions

Question 1: Use the CM ratio to determine the breakeven point in sales dollars.

Question 2: The company estimates that sales will increase by $45,000 during the coming year due to increased demand.By how much should net operating income increase?

Select one:

a. $400,000 and $26000

b. $300,000 and $27000

c. $500,000 and $29000

Reference no: EM132568994

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