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Author Question: Portmain Industries management has budgeted the following amounts for its next fiscal year:Total ... (Read 33 times)

chads108

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Portmain Industries management has budgeted the following amounts for its next fiscal year:

Total fixed expenses$60,000
Sale price per unit$40
Variable expenses per unit$31

Increase competition in the market has forced management to consider a price reduction of 10%. In order to maintain the same targeted operating income of $30,000 by what percentage must Portmain increase the number of units sold?
◦ decreased by 100%
◦ increased by 40%
◦ increased by 100%
◦ increased by 50%


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Marked as best answer by chads108 on Jan 5, 2020

isabelt_18

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chads108

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Reply 2 on: Jan 5, 2020
Wow, this really help


jomama

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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