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If Fixed Costs Were Increased by $9,000 and the Contribution

question 2

Multiple Choice

If fixed costs were increased by $9,000 and the contribution margin ratio remained at 30 percent, then sales must increase by _________ in order to cover the additional fixed expenses.


Definitions:

Specified Folder

A designated directory in a computer's file system where specific files are stored or organized.

Categorized

Organized into groups according to shared qualities or characteristics, making it easier to find, access, or understand.

Signature

A person's name written in a distinctive way as a form of identification in authorizing documents or as a mark of consent.

Formal Letter

A type of letter written in a formal style, following specific conventions, used for official, business, or professional communication.

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