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Given the following data: er Unit Total $23 $48,300 Sales Less variable expenses Contribution margin Less fixed expenses Net income 29,400 18,900 12,500 6,400 14
Given the following data: er Unit Total $23 $48,300 Sales Less variable expenses Contribution margin Less fixed expenses Net income 29,400 18,900 12,500 6,400 14 9 If sales decrease by 350 units, by what percent would fixed costs have to be reduced to maintain current net income? o 51.2% 0 33796 o 25.2% o 17.5%
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