If cartel company expects next yearrsquos total sales, Ask an Expert

Accounting

Cartel Company has sales of 1,000 units at $50 a unit. Variable expenses are 30% of the selling price and total fixed expenses are $30,000. If Cartel Company expects next year’s total sales could increase 12%, they want to know how this change affects their profit. Calculate next year’s net income in dollar, using DOL, and show DOL.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M9434933

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