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help please. ive been stuck on this problem for 2 hours Melanie's Cmaments sells handmade omaments for $45 per omament. Operating income for 2020 is
help please. ive been stuck on this problem for 2 hours
Melanie's Cmaments sells handmade omaments for $45 per omament. Operating income for 2020 is as toliows: Melanie, the owner of the company. wants to increase operating income over the next year by at lesst $20,000. To do so, 'Click the icon to view the incorre statement.' the company is considering the following options: (Click the icon to view the aplians.) Read the Evaluate each of the altematives considered by Melanie's Ornaments. (Use parentheses or a minus sign for an operating loss.) Data table 1. Spend $45,000 on adverlising, which should resull in a 5% increase in sales. 2. Increase sellin 3. Automate same steps in the mianuffacturing process, which would increasa Foxed casts by $34,000 ar Do any of the options meet or exceed Melanie's targeted increase in income of $20,000 ? 4. Increase the selling price to $49 and decrease variable costs to $22. This altemative would result in a 10% decrease in salesStep by Step Solution
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