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East Company manufactures and sells a single product with a positive contribution margin. If the selling price and the variable expense per unit both increase
East Company manufactures and sells a single product with a positive contribution margin. If the selling price and the variable expense per unit both increase 5% and fixed expenses do not change, what is the effect on the contribution margin per unit and the contribution margin ratio? Contribution Margin per Unit No change Increase Contribution Margin Ratio No change Increase No change Decrease C. Increase Increase Multiple Choice Option a. Option b. Option c. Option d
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