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  3. the company has the following level of operations:

The company has the following level of operations: Sales - P100,000, variable costs - P40,000,...

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Accounting

The company has the following level of operations: Sales - P100,000, variable costs - P40,000, fixed costs - P20,000. If the company wishes to increase degree of operating leverage to 4, how much should be the increase in fixed costs assuming contribution margin remains the same.

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