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A manufacturing company reports the following operating results for the month: Sales $500,000 (units 5.000) Variable costs $300,000 Fixed costs $180,000 Management believes they can

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A manufacturing company reports the following operating results for the month: Sales $500,000 (units 5.000) Variable costs $300,000 Fixed costs $180,000 Management believes they can improve profits by increasing the sales price per unit by 10% even though this would result in a 10% decrease in sales volume (units). What would be the effect on net income if management does this? Net income would decrease by $2,000. Net Income would increase by $25,000. Net income would decrease by $35,000. Net income would Increase by $50,000

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