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As manager of the production department, Raul is concerned about increasing direct materials costs. Last years profit of $29,800 resulted from sales of 6,800 units
As manager of the production department, Raul is concerned about increasing direct materials costs. Last years profit of $29,800 resulted from sales of 6,800 units at a selling price of $140. Total fixed costs were $446,200. This year, the company expects both overall sales volume and variable costs per unit to increase by 5%. With no other changes expected, how much will the companys income increase or decrease compared to last year as a result of these changes? (Round per unit costs and final answer to 2 decimal places, e.g. 5,125.25.) Companys income select an option by $enter a dollar amount rounded to 2 decimal places
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