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Unformatted text preview: e increased and sales increase by 400 units, the effect on operating income will be a:
decrease of R4,000
increase of R4,000
increase of R22,000
increase of R30,000
decrease of R22,000
CVP.09 Turner Paints (Pty) Limited has a contribution margin ratio of 15%. When sales are R150,000 the degree of operating
leverage is 12. What is the net income at this sales level?
R,2000 Compiled by Colin C Smith 2013 Page 2 of 2...
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This document was uploaded on 04/05/2014.
- Spring '14