Question: Given the following data: Per Unit Total Sales $15 $45,000 Less variable expenses 9 27,000 Contribution margin 6 18,000 Less fixed expenses 12,000 Net income

Given the following data:

Per Unit Total

Sales $15 $45,000

Less variable expenses 9 27,000

Contribution margin 6 18,000

Less fixed expenses 12,000

Net income $ 6,000

If sales decrease by 500 units, by what % would fixed expenses have to be reduced by to maintain current net income?

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