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Kimberly is helping her company consider a change in its CVP relationship to increase profitability. Currently, the company is selling 13,100 units, generating $77,900
Kimberly is helping her company consider a change in its CVP relationship to increase profitability. Currently, the company is selling 13,100 units, generating $77,900 in operating income. The contribution margin is $17 per unit, while total variable costs are $301,300. What amount of fixed costs does the company currently incur? Fixed costs $ If it increases its selling price by 10% while expecting volume to drop by just 5%, will the company achieve its goal? New operating income $ The company achieved its goal. eTextbook and Media Assistance Used
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