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5. Refer to the original data. Assume that the company sold 36,000 units last year. The sales manager is convinced that a 12% reduction in
5. Refer to the original data. Assume that the company sold 36,000 units last year. The sales manager is convinced that a 12% reduction in the selling price, combined with a $75,000 increase in advertising, would increase annual unit sales by 50%. a. Prepare two contribution format income statements, one showing the results of last years operations and one showing the results of operations if these changes are made
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