Answer the following questions using the information below:
Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,000 of sales revenue, $55,000 of variable costs, and $24,000 of fixed costs.
-If sales increase by $40,000, operating income will increase by:
A)$10,000
B)$20,000
C)$30,000
D)None of these answers are correct.

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The Answer of Answer the following questions using the information below:
Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,000 of sales revenue, $55,000 of variable costs, and $24,000 of fixed costs.
-If sales increase by $40,000, operating income will increase by:
A)$10,000
B)$20,000
C)$30,000
D)None of these answers are correct.

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