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19. Spencer corporation has a single product whose selling price is $10. At an expected sale level of $1,000,000 the company's variable expenses are $600,000

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19. Spencer corporation has a single product whose selling price is $10. At an expected sale level of $1,000,000 the company's variable expenses are $600,000 and its fixed expenses are $300,000. The marketing manager has recommended that the selling price be increased by 20%, with an expected decrease of only 10% in unit sales what would be the company's net operating income if the marketing managers recommendation is adopted?|

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