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Posted on Aug 29, 2024

InstaChat Company has a contribution margin ratio of 5 5 % . If sales increases by $ 1 0 0 , 0 0 0 and

InstaChat Company has a contribution margin ratio of

55 % .

If sales increases by $

100, 000

and total fixed costs increase by $

20, 000,

by how much will net income increase?

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