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Elk Manufacturing has budgeted the following amounts for its next fiscal year: Total fixed expenses Selling price per unit Variable expenses per unit $420,000 $50

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Elk Manufacturing has budgeted the following amounts for its next fiscal year: Total fixed expenses Selling price per unit Variable expenses per unit $420,000 $50 $20 To maintain the original breakeven sales in units if fixed expenses were to increase by 30%, the selling price per unit would have to be A. decreased by 18% B. increased by 18% C. decreased by 38% D. increased by 38%

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