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9 ctoring 8 points 8 01:05:52 Shelhorse Corporation produces and sells a single product. Data concerning that product appear below. Selling price Variable expenses

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9 ctoring 8 points 8 01:05:52 Shelhorse Corporation produces and sells a single product. Data concerning that product appear below. Selling price Variable expenses Contribution margin Percent of Per Unit Sales $ 230 100% 46 20% $ 184 80% Fixed expenses are $363,000 per month. The company is currently selling 5,800 units per month. Required: The marketing manager believes that a $20,000 increase in the monthly advertising budget would result in a 120 unit increase in monthly sales. What should be the overall effect on the company's monthly net operating income of this change? Change in net operating Income 9 ctoring 8 points 8 01:05:52 Shelhorse Corporation produces and sells a single product. Data concerning that product appear below. Selling price Variable expenses Contribution margin Percent of Per Unit Sales $ 230 100% 46 20% $ 184 80% Fixed expenses are $363,000 per month. The company is currently selling 5,800 units per month. Required: The marketing manager believes that a $20,000 increase in the monthly advertising budget would result in a 120 unit increase in monthly sales. What should be the overall effect on the company's monthly net operating income of this change? Change in net operating Income

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