Better Bonds
Better Bonds Provided the Following Data -Refer to Woods Company

Multiple Choice

Better Bonds
Better Bonds provided the following data: $\begin{array}{lr}\text { Sales } & \$ 540,000 \\\text { Variable costs } & \$ 378,000 \\\text { Fixed costs } & \$ 120,000 \\\text { Expected production and sales in units } & 40,000\end{array}$
-Refer to Woods Company. What is the percent change in operating income expected in the coming year?

A) 8.3%
B) 20.0%
C) 30.0%
D) 48.0%