Problem 4-11 Edison Entrepreneur Services, Inc., is a legal services firm that f

Question

Problem 4-11 Edison Entrepreneur Services, Inc., is a legal services firm that files the paperwork to incorporate a business. Edison charges $1,200 for the incorporation application package and plans to file 1,600 applications next year. The company Edison Entrepreneur Services, Inc., is a legal services firm that files the paperwork to incorporate a business. Edison charges $1,200 for the incorporation application package and plans to file 1,600 applications next year. The company Edison Entrepreneur Services, Inc., is a legal services firm that files the paperwork to incorporate a business. Edison charges $1,200 for the incorporation application package and plans to file 1,600 applications next year. The company Problem 4-11 Edison Entrepreneur Services, Inc., is a legal services firm that files the paperwork to incorporate a business. Edison charges $1,200 for the incorporation application package and plans to file 1,600 applications next year. The company

Explanation / Answer

Operating income increased. So, they should increase the advertising expenses.

Contribution margin $ 460 per application Break-even point 652 applications Contribution margin ratio 38.33% Break-even sales revenue $ 782609 782400 Can also be this

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