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original data. Assume that the company sold 32,000 units last year. The sales manager is convinced that a 8% reduction in the selling price, combined

original data. Assume that the company sold 32,000 units last year. The sales manager is convinced that a 8% reduction in the selling price, combined with a $144,000 increase in advertising expenditures, would increase annual unit sales by 40%. Prepare two contribution format income statements: one showing the results of last year's operations, and one showing what the results of operations would be if these changes were made

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