Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

APICS Exam CPIM Topic 1 Question 95 Discussion

Actual exam question for APICS's CPIM exam
Question #: 95
Topic #: 1
[All CPIM Questions]

An income statement of a company is as follows:

Profit has been increased by 60% to get the in profit by 600,000 by increasing revenue; sales would have to increase to 1.2 million. What will happen with CGS?

Show Suggested Answer Hide Answer
Suggested Answer: A

by Ellsworth at Aug 22, 2024, 08:48 AM

Limited Time Offer

25%

Off

Get Premium CPIM Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Jackie
6 days ago
Okay, so we need to increase profit by 600,000 and revenue by 1.2 million. Seems like CGS needs to decrease to maintain the 60% profit increase. Looks like C is the correct answer.
upvoted 0 times
...
Kristel
7 days ago
But if profit increased by 60%, then CGS should decrease to maintain the same profit margin. So, I still think it's C)
upvoted 0 times
...
Alfreda
9 days ago
I disagree, I believe the answer is A) Decrease by 3%
upvoted 0 times
...
Kristel
13 days ago
I think the answer is C) Decrease by 4%
upvoted 0 times
...

Save Cancel