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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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