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Edmonco Company produced and sold 49,500 units of a single product last year, with the following results: Sales Revenue$1,440,000Manufacturing costs:Variable557,000Fixed279,000Selling costs:Variable50,500Fixed83,000Administrative costs:Variable192,500Fixed118,000 If Edmonco's sales
Edmonco Company produced and sold 49,500 units of a single product last year, with the following results:
Sales Revenue$1,440,000Manufacturing costs:Variable557,000Fixed279,000Selling costs:Variable50,500Fixed83,000Administrative costs:Variable192,500Fixed118,000
If Edmonco's sales revenues increase 18%, what will be the percentage increase in income before income taxes?
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