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Data concerning Sumter Corporation's single product appear below: Fixed expenses are $1, 024, 000 per month.The company is currently selling 8, 000 units per month.
Required:
Management is considering using a new component that would increase the unit variable cost by $6.Since the new component would improve the company's product, the marketing manager predicts that monthly sales would increase by 300 units.What should be the overall effect on the company's monthly net operating income of this change if fixed expenses are unaffected? Show your work!
Affirmative Action
is a policy or a set of policies designed to promote the opportunities of defined minority groups within a society to give them equal access to that of the majority.
Workforce Imbalance
A situation where there is a discrepancy in the supply and demand of workers, often referring to skills, gender, or demographic disparities.
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