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The following is the contribution margin income statement for Hoyland Co based on their earnings last...

  1. The following is the contribution margin income statement for Hoyland Co based on their earnings last year. Estimate operating income if sales revenue next year is $700,000.

    Revenue 1,000,000
    Variable Cost 700,000
    Contribution Margin 300,000
    Fixed Cost 250,000
    Operating Income 50,000
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contribution margin income statement for Hoyland Co, when sales revenue 10,00,000
Revenue 1,000,000 100.00%
Variable Cost 700,000 70.00%
Contribution Margin 300,000 30.00%
Fixed Cost 250,000
Operating Income 50,000
contribution margin income statement for Hoyland Co, if sales $ 700,000
Revenue 700,000 100.00%
Variable Cost 490,000 70.00%
Contribution Margin 210,000 30.00%
Fixed Cost 250,000
Operating Income -40,000

if sales rvenue is $ 700,000 then company incure an operating loss of $ 40,000

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