Homework Answers
Sales volume increased by 40%
Number of units sold (original) = $480,000 / $30 per unit = 16,000 units
Revised sales volume = 16,000 * 140% = 22,400 units
Revised contribution Margin = Revised sales volume * (selling price - variable cost per unit)
= 22,400 * ($30 - $21)
= $201,600
Option '3' is correct
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