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ABC Corporation sells sets of encyclopedias. ABC sold 4,000 sets last year at 25,000 a set. The variable cost per set was 17,500 and the

  1. ABC Corporation sells sets of encyclopedias. ABC sold 4,000 sets last year at 25,000 a set. The variable cost per set was 17,500 and the fixed costs for ABC were 10,000,000.If the ABC sales increase by 20%, its net operating income should increase by about..

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