Question
5. Curry, Co. is expecting the following changes will occur during the upcoming period: The sales price will increase from $106 to $111 per unit
5. Curry, Co. is expecting the following changes will occur during the upcoming period: The sales price will increase from $106 to $111 per unit Variable costs will increase from $36 to $45 per unit Fixed costs will decrease from $821,700 to $702,300 Sales volume will decrease from 17,000 to 15,000 units If all of these changes occur, by how much will net income change in the upcoming period as compared to the current net income (ignore taxes)? a. Decrease by $80,600 b. Increase by $80,600 c. Increase by $111,400 d. Decrease by $287,700 e. Decrease by $111,400
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