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Break-Even (Units) Parker & Associates, LLC has budgeted the following amounts for its next fiscal year: Total fixed expenses $971,000 Selling price per unit $45
Break-Even (Units)
Parker & Associates, LLC has budgeted the following amounts for its next fiscal year:
Total fixed expenses | $971,000 |
Selling price per unit | $45 |
Variable expenses per unit | $20 |
If fixed expenses increase by 10%, the selling price per unit would need to increase by what percentage in order to maintain the original break-even sales in units (round to the nearest tenth of a percent)?
Round percentage to one decimal place (ex: 0.03456 = 3.5%).
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