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Are my answers correct for the box below? H2O water softener company has the opportunity to purchase a new water distillery that will help them
Are my answers correct for the box below?
H2O water softener company has the opportunity to purchase a new water distillery that will help them reduce their variable costs by $2 per unit. The purchase of the distillery will increase fixed costs by 15%. The following contribution margin income statement was prepared by H2O for the month of September. H2O had the following income statement for the year ended 2022 : Assuming H2O will purchase the equipment and their sales volume will remain unchanged, prepare a projected contribution margin income statementStep by Step Solution
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