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XYZ Company's single product has a selling price of $15 per unit. The fixed expenses were $160,000. This year the company reported a net operating
XYZ Company's single product has a selling price of $15 per unit. The fixed expenses were $160,000. This year the company reported a net operating income of $100,000. If sales are predicted to increase by 10% next year, how much would the increase in profits be in ($)? Select one: a. 16,250 b. 10,000 c. No change in income d. 26,000 e. 6,000 Before a company reaches the breakeven point Select one: a. Total fixed costs are increasing b. The fixed cost is equal to zero c. The contribution margin per unit is higher than the fixed costs per unit d. The total contribution margin is negative e. The total contribution margin is lower than total fixed costs
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