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Question - The following information is for the Jeffries Corporation:
Product A:
Revenue $16.00
Variable Cost $12.00
Product B:
Revenue $24.00
Variable Cost $16.00
Total Fixed Costs $75,000
Assume the sales mix consists of 3 units of Product A and one unit of Product B. If the sales mix shifts to 4 units of Product A and one unit of Product B, than the company's total contribution margin ratio will _____.
A. cannot be determined from the information given.
B. increase
C. decrease.
D. stay the same.
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One World Not Three (OWNT) Relief is an international nonprofit relief agency base in the United States. OWNT recently celebrated its tenth anniversary and is in the middle of trying to expand its operations and funding sources. OWNT uses accrual a..
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