Question
Break-Even (Units) Parker & Associates, LLC has budgeted the following amounts for its next fiscal year: $980,000 Total fixed expenses Selling price per unit
Break-Even (Units) Parker & Associates, LLC has budgeted the following amounts for its next fiscal year: $980,000 Total fixed expenses Selling price per unit $48 $23 Variable expenses per unit 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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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
6th Canadian edition
1118644948, 978-1118805084, 1118805089, 978-1118644942
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