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Heather Hudson makes stuffed teddy bears. Recent information for her business follows: Selling price per bear Total fixed cost per month Variable cost per bear
Heather Hudson makes stuffed teddy bears. Recent information for her business follows: Selling price per bear Total fixed cost per month Variable cost per bear $ 34.50 1,350.00 14.50 She sells 400 bears this month. Suppose sales increase by 10 percent next month. Calculate the effect that increase will have on her profit. (Round your intermediate calculations to 2 decimal places. Round your final answer to 1 decimal place.(i.e. 123 should be entered as 12.3%)) Increase in profit %
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