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Elk Manufacturing has budgeted the following amounts for its next fiscal year: Total fixed expenses $445,000 Selling price per unit $50 Variable expenses per unit
Elk Manufacturing has budgeted the following amounts for its next fiscal year:
Total fixed expenses | $445,000 |
Selling price per unit | $50 |
Variable expenses per unit | $20 |
To maintain the original breakeven sales in units if fixed expenses were to increase by 10%, the selling price per unit would have to be
decreased by 6%. | ||
increased by 6%. | ||
decreased by 26.00%. | ||
increased by 26.00%. |
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