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Fuller Ltd. had the following results for the year:
Sales: $45,000
Less: Variable costs: $27,000
Contribution margin: $18,000
Less: Fixed costs: $12,000
Net operating income: $6,000
The average selling price for the units sold was $15 per unit. If sales decrease by 500 units, by how much will fixed expenses have to be reduced to maintain the current net operating income of $6,000?



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