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15 Markham Company has a contribution margin ratio of 24%. The company is considering a proposal that will increase sales by $192,000. What increase

15 Markham Company has a contribution margin ratio of 24%. The company is considering a proposal that will increase sales by $192,000. What increase in profit can be expected assuming total fixed costs increase by $30,000? (Do not round your intermediate calculations.) Multiple Choice $8.040 $38,040

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