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A company has revenues of $350,000 variable costs of $225,000, and net operating profit of $65,000. If the company increased the sales price per unit

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A company has revenues of $350,000 variable costs of $225,000, and net operating profit of $65,000. If the company increased the sales price per unit by 8%, reduced fixed costs by 4%, and left variable cost per unit unchanged, what would be: 1. The new breakeven point in dollars? 2. The new margin of safety in dollars? 3. Is this low or high contribution margin company? 4. Based on your answer in #3 what impacts does economic change have on this company? 5. If the company wanted to increase current profits by 10% how much would they have to sell in dollars

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