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Thompson Company sells its single product for $25 per unit. Thompson's monthly costs are provided below: Thompson Company is currently selling 6, units of this
Thompson Company sells its single product for $25 per unit. Thompson's monthly costs are provided below: Thompson Company is currently selling 6, units of this product per month, but management feels that sales could be increased by 1, , units per month if the selling price was reduced by $1.00 per unit. Calculate the amount by which Thompson's monthly contribution margin will increase if this policy is implemented
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