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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
Elk Manufacturing has budgeted the following amounts for its next fiscal year:

Total fixed expenses   $425,000
Selling price per unit   $80
Variable expenses per unit   $20

To maintain the original breakeven sales in units if fixed expenses were to increase by 20%, the selling price per unit would have to be
A) increased by 65.00%.
B) decreased by 15.00%.
C) increased by 15.00%.
D) decreased by 65.00%.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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Posts: 2158
8 years ago
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bernie2981 Author
wrote...
8 years ago
Answers my question perfectly.
wrote...
4 years ago
Awesome
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