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XYZ Company is currently selling its single product for $15. Variable costs are estimated to remain at 70% of the current selling price and fixed
XYZ Company is currently selling its single product for $15. Variable costs are estimated to remain at 70% of the current selling price and fixed costs are estimated to be $4,800 per month. If XYZ decreases its selling price by 10%, its contribution margin ratio will Will 1.00 a. None of the given answers o b. increase o . decrease o d. Cannot determine with the information given o e not change o Previous po
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