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Advanced Enterprises reports yearminus?end information from 2018 as? follows: Sales ?(161 comma 250161,250 ?units) $ 967 comma 000$967,000 Cost of goods sold 645 comma 000645,000

Advanced Enterprises reports

yearminus?end

information from 2018 as? follows:

Sales

?(161 comma 250161,250

?units)

$ 967 comma 000$967,000

Cost of goods sold

645 comma 000645,000

Gross margin

322 comma 000322,000

Operating expenses

264 comma 000264,000

Operating income

$ 58 comma 000$58,000

Advanced is developing the 2019 budget. In 2019 the company would like to increase selling prices by

12.512.5?%,

and as a result expects a decrease in sales volume of

99?%.

All other operating expenses are expected to remain constant. Assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost.

Should Advanced increase the selling price in? 2019???

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