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You have been provided with the following information: Sales Less variable expenses Contribution margin Less fixed expenses Operating profit $115,000 62,000 53,000 28,000 $25,000 If
You have been provided with the following information: Sales Less variable expenses Contribution margin Less fixed expenses Operating profit $115,000 62,000 53,000 28,000 $25,000 If sales increase by 20%, what level of fixed costs will yield a 30% increase in profits? o $11,200. O $19.600 O $31100 O $33,600
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