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(d) Cullumber's managers have determined that variable costs per unit will increase by 20% beginning next month. To offset this increase in costs, they are
(d) Cullumber's managers have determined that variable costs per unit will increase by 20% beginning next month. To offset this increase in costs, they are considering a 10% increase in the sales price Market research indicates that the price increase will result in a 2% decrease in the number of learning systems Cullumber sells. What will be Cullumber's expected operating income if the price increase is implemented? (Round per unit calculations to 2 decimal places es 5275 and final answer to decimal places, 5.275) $ Operating income eTextbook and Media Attempts: 0 of 3 used SA Cullumber sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The company's income statement from last month is as follows: Sales revenue Variable expenses Contribution margin Fixed expenses Operating income Total $600,000 270.000 330,000 253,000 -$77,000 Per Unit $50 22.50 $27.50
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