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Business, 24.10.2021 09:00 alecnewman2002

Last year, variable expenses were 60% of total sales and fixed expenses were 10% of total sales. If the company increases its selling prices by 10%, but if fixed expenses, variable costs per unit, and unit sales remain unchanged, what will be the effect of the increase in selling price on the company's total contribution margin

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Last year, variable expenses were 60% of total sales and fixed expenses were 10% of total sales. If...
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