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Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $42 throughout the country to loyal
Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $42 throughout the country to loyal alumni of over 3,300 schools. Cullumbers variable costs are 42% of sales; fixed costs are $116,000 per month.
Cullumber currently sells 139,000 blankets per year. If sales volume were to increase by 15%, by how much would operating income increase? (Round answer to 0 decimal places, e.g. 5,275.)
Operating income |
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