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Knowledge Check 02 Consider the following information from the income statement of Ashbrook Company: Selling price per unit Variable expenses per unit Contribution margin per

Knowledge Check 02 Consider the following information from the income statement of Ashbrook Company: Selling price per unit Variable expenses per unit Contribution margin per unit Contribution margin ratio $ 100 $ 50 $ 50 50% $45,000 O $15,000 O $55,000 O $25,000 Fixed expenses Net operating income If sales increase from 1,000 units to 1,500 units, what is the company's revised profit amount? $ 20,000 $ 30,000 B
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