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Elk Manufacturing has budgeted the following amounts for its next fiscal year: Total fixed expenses $425,000 Selling price per unit $80 Variable expenses per unit

Elk Manufacturing has budgeted the following amounts for its next fiscal year: Total fixed expenses $425,000 Selling price per unit $80 Variable expenses per unit $20 To maintain the original breakeven sales in units if fixed expenses were to increase by 20%, the selling price per unit would have to be A. increased by 15.00%. B. increased by 65.00%. C. decreased by 65.00%. D. decreased by 15.00%.

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