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IV. Total fixed costs of our business is 40.000$, unit sale price of our unique product is 2$ and contribution margin ratio is 80%.
IV. Total fixed costs of our business is 40.000$, unit sale price of our unique product is 2$ and contribution margin ratio is 80%. Under these circumstances 30.000$ profit is expected in the following period. A change in the sale price is proposed by the marketing department due to the demand elasticity in the market:
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International Accounting
Authors: Timothy Doupnik, Hector Perera
4th edition
77862201, 978-0077760298, 77760298, 978-0077862206
