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Fuller Ltd. had the following results for the year: Sales: $45,000 Less: Variable costs: $27,000 Contribution margin: $18,000 Less: Fixed costs: $12,000 Net operating income: $6,000 The average selling price for the units sold was $15 per unit. If sales decrease by 500 units, by how much will fixed expenses have to be reduced to maintain the current net operating income of $6,000?
Sagot :
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