Philip Inc. has provided the following data: Data Table Accounts Amounts Sales per unit $120 Variable cost per unit $40 Fixed costs $280,000 Units sold 10,000 How much will operating income change if sales increase by $600,000? (Do not round intermediate calculations) Group of answer choices $420,000 increase $420,000 decrease $200,000 increase $400,000 increase
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Philip Inc. has provided the following data:
Data TableAccounts | Amounts |
---|---|
Sales per unit | $120 |
Variable cost per unit | $40 |
Fixed costs | $280,000 |
Units sold | 10,000 |
How much will operating income change if sales increase by $600,000? (Do not round intermediate calculations)
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