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The following information is for Nichols Company: Total contribution margin $380,697 & total fixed costs are $311,576. If sales volume increases by 12%, by what

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The following information is for Nichols Company: Total contribution margin $380,697 \& total fixed costs are $311,576. If sales volume increases by 12%, by what percentage will profit increase? (If increase =50% enter .50) 0.66 margin of error +/0.01

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