5. The following information pertains to The Hershey Company for Hershey Bars for the month of October:

Number of cases produced and sold 70,000

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Selling Price $40 per case

Chocolate 630,000

Wages for assembly line workers 560,000

Home office expenses 422,000

Boxes 210,000

Rent for the factory 120,000

Sales Commission $5.00 per case

3. A VP believes that if the selling price is raised by $3, the company would make more profit even if they sell 20% less units. Is the VP correct?