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Given the following data: Per Unit Total Sales $ 19 $ 51,300 Less variable expenses 12 32,400 Contribution margin 7 18,900 Less fixed expenses 12,500 Operating profit $ 6,400 If sales decrease by 300 units, by what percent would fixed costs have to be reduced in order to maintain current operating profit
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Given the following data: Per Unit Total Sales $ 19 $ 51,300 Less variable expenses 12 32,400 Contri...
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