What will be the net income, Accounting Basics

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What will be the net income

A company has provided the following data:
Sales: 3,000 units
Sales price: $70 per unit
Variable cost: $50 per unit
Fixed cost: $25,000

If the dollar contribution margin per unit is increased by 10%, total fixed cost is decreased by 20%, and all other factors remain the same,what will be the net income ?

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Accounting Basics: What will be the net income

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Accounting Basics: What will be the net income

Reference No:- TGS066277

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Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What will be the net income

Reference No:- TGS066277

Recent Questions Asked Accounting Basics

Q : Compute the present worth.

Q : Prepare fairbanks journal entries to record

Q : What is the firm-s profit - maximizing output level

Q : Description of paleolithic era

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