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Elk Manufacturing has budgeted the following amounts for its next fiscal year: To maintain the original breakeven sales in units if fixed expenses were to

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Elk Manufacturing has budgeted the following amounts for its next fiscal year: 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. decreased by 15.00%. B. increased by 65.00%. C. increased by 15.00%. D. decreased by 65.00%. Yellow Company's variable expenses are 40% of sales and have monthly fixed expenses of $15,000. The monthly target operating income is $3,750. What is the monthly margin of safety as a percentage of target sales in dollars? A. 180.00% B. 60.00% C. 25.00% D. 20,00% Globus Autos selis a single product. 8,400 units were sold resulting in $80,000 of sales revenue, $24,000 of variable costs, and $14,000 of fixed costs. If variable costs decrease by $1.20 per unit, the new margin of safety is (Round intermediate calculations to the nearest cent.) A. $63,133 B. $66,000 C. $24,000 D. $80,000

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