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5 17. The variable expenses for Wilson Company are 60% of total sales, and the fixed expenses are 10% of total sales. If the company
5 17. The variable expenses for Wilson Company are 60% of total sales, and the fixed expenses are 10% of total sales. If the company increases its selling prices by 10%, and the fixed expenses, variable costs per unit, and unit sales remain unchanged, what is the effect of the increase in selling price on the company's total contribution margin? * 2% decrease 5% increase 10% increase 25% increase
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