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Miller Corporation produces a single product, with both fixed and variable costs. The company is expecting that the selling price will increase next year, but

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Miller Corporation produces a single product, with both fixed and variable costs. The company is expecting that the selling price will increase next year, but that it can keep variabhe costs per unit and fixed costs at the current levels. What effect will the selling. price increase have on the contribution margin ratio (contribution margin divided by revenue) for noxt year, and on the break-even point in number of units for next year, respectively? Contribution marsin ratio will increase, break-even point units will increase. Contribution margin ratio will decrease, breakeven point units will increase. Contribution margin ratio will increase, break-even point units will decrease. Contribution margin will remain the same, breakeven point units will remain the same. Contribution margin ratio will decrease, break-even point units will decrease

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