Question: Given the following data: Per Unit Total Sales Less variable expenses Contribution margin Less fixed expenses Net income $15 $40,500 21,600 18,900 12,500 6,400 If
Given the following data: Per Unit Total Sales Less variable expenses Contribution margin Less fixed expenses Net income $15 $40,500 21,600 18,900 12,500 6,400 If sales decrease by 400 units, by what percent would fixed costs have to be reduced to maintain current net income? ? 22.4% o 51.2% 28.9% 22.3%
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