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Globus Autos sells a single product. 8,000 units were sold resulting in $82,000 of sales...

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Accounting

Globus Autos sells a single product. 8,000 units were sold resulting in $82,000 of sales revenue, $20,000 of variable costs, and $10000 of fixed costs. If variable costs decrease by $1.10 per unit, the new margin of safety is ________. (Round intermediate calculations to the nearest cent.) Please explain each step and show formulas that are used.

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