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Question 3 Answer saved The following information pertains to Chris Company's three products: Points out of 5.00 Unit sales per year 300 450 300 Remove
Question 3 Answer saved The following information pertains to Chris Company's three products: Points out of 5.00 Unit sales per year 300 450 300 Remove flag Selling price per unit $10.00 $15.00 $ 10.00 Variable costs per unit 3.50 10.00 12.00 Unit contribution margin $ 6.50 $ 5.00 $(2.00) Contribution margin ratio 65% 33.33% (20)% Assume that product C is discontinued and the resulting extra space is rented out for $800 per month. All other information remains the same as the original data. Chris's annual profits should: Select one: a. increase by $9,000. b. decrease by $2,000. O c. increase by $9,600. O d. decrease by $600. o e. remain the same
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