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Business, 23.04.2020 03:29 bks53

Pittsboro Corporation produces and sells a single product. Data for that product are:Sales price per unit$500Variable cost per unit$320Fixed expenses for the month$1,000,000Currently selling4,000 unitsManagement is discussing increasing the price to $525 to cover an increase in fixed expenses of $80,000. Management believes they might lose 2% of sales per month. What should be the overall effect on the company's monthly operating income if this change is implemented?

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