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ABC Manufacturing is a small company manufacturing steel sheets. Following are ABC Manufacturing's income and costs for a typical month: Sales 6,000 units Wholesale price $40.00 per unit Variable costs $15.00 per unit Fixed costs $15,000
Problem 1: If ABC's price is reduced by 10% and if ABC's variable costs reduce by 10%, what will be the %BE sales change?
Group of answer choices
Option 1: 13.11%
Option 2: 12.11%
Option 3: 10.11%
Option 4: 11.11%
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