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10. During a typical weck, Monica's Supermarket sells 1,200 pounds of a food item unprepared (raw) for $3.99 per pound. The variable cost of the
10. During a typical weck, Monica's Supermarket sells 1,200 pounds of a food item unprepared (raw) for $3.99 per pound. The variable cost of the unprepared (raw) product is $1.75 per pound. Monica is trying to decide whether to cook the product and sell it in her deli department for $9.99 per pound. The variable cost to cook the 1.200 pounds of food in the deli is $4.800 total. Fixed costs are not affected. If Monica cooks the raw product she will lose 8% of the product per week in the preparation process. Calculate the increase or decrease in Monica's net income per week if she cooks the product and sells it in the deli for $9.99 per pound (round to nearest S1)
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