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A company sells a single product and made a operating profit of $200,000 with 70,000 units sold. The contribution margin was 30%. Total fixed cost
A company sells a single product and made a operating profit of $200,000 with 70,000 units sold. The contribution margin was 30%. Total fixed cost was $50,000 for the year. If sales increase by $100,000, operating profit will increase by:
A) $30,000 B) $10,000 C) 100,000 D) None of these answers are correct.
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