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urgent help needed Kensington Company distributes a lightweight folding chair that sells for $40 per unit. Variable expenses are $18 per unit and fixed expenses

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Kensington Company distributes a lightweight folding chair that sells for $40 per unit. Variable expenses are $18 per unit and fixed expenses total $220,000 annually Results for last year are as follows: Sales (20,000 units) $ Variable Expenses S Contribution Margin $ Fixed Expenses $ Operating Income $ 800,000 360,000 440,000 220,000 220,000 What is the product's contribution margin ratio? (Enter your answer with no rounding decimal and cents. For example: 78 do not enter dollar or signs) Calculate the breakeven point in units. Enter the numbers only with no commas, dollar signs, or decimals) The company estimates that sales will increase by $56,000 during the coming year due to increased demand. By how much should operating income increase? Enter the numbers only with no commas, dollar signs, or decimals.)

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