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www COLLEGE OF BUSINESS FINANCE DEPARTMENT INSTRUCTOR NAME: Dr. Shabir Hakim Styles Styles Pane COURSE NAME: Managerial Accounting NUMBER OF PAGES: 2 COURSE NUMBER: ACCT

www COLLEGE OF BUSINESS FINANCE DEPARTMENT INSTRUCTOR NAME: Dr. Shabir Hakim Styles Styles Pane COURSE NAME: Managerial Accounting NUMBER OF PAGES: 2 COURSE NUMBER: ACCT 240 NUMBER OF QUESTIONS: 4 SECTION: 1,2 Total Grade: 20 1. Oscar Incorporated currently sells its products for $400 per unit. Management is contemplating a 10% increase in the selling price for the next year. Variable costs are currently 20% of sales revenue and are not expected to change next year. Fixed expenses are $140,000 per year. If fixed costs were to increase 10% during the current year and the new selling price goes into effect, how many units will need to be sold to breakevenimage text in transcribed

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