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ConcordCompany had $150,700of net income in 2016 when the selling price per unit was $151, the variable costs per unit were $91, and the fixed
ConcordCompany had $150,700of net income in 2016 when the selling price per unit was $151, the variable costs per unit were $91, and the fixed costs were $571,800. Management expects per unit data and total fixed costs to remain the same in 2017. The president ofConcordCompany is under pressure from stockholders to increase net income by $65,400in 2017.
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