Label Each Steps

Melanie's Ornaments sells handmade ornaments for $30 per ornament. Operating income for 2020 is as follows: (Click the icon to view the income statement.) Melanie, the owner of the company, wants to increase operating income over the next year by at least $20,000. To do s0, the company is considering the following options: 1. (Click the icon to view the options.) Read the Evaluate each of the alternatives considered by Melanie's Omaments. (Use parentheses or a minus sign for an operating loss.) Data table Melanie's Ornaments sells handmade ornaments for $30 per ornament. Operating income for 2020 is as follows: (Click the icon to view the income statement.) Melanie, the owner of the company, wants to increase operating income over the next year by at least $20,000. To do so, the company is considering the following options: Click the icon to view the options.) read the Evaluate each of the alternatives considered by Melanie's Omaments. (Use parentheses or a minus sign for an operating loss.) More info 1. Spend $20,000 on advertising, which should result in a 20% increase in sales. 2. Increase selling price to $41 per ornament, which is expected to decrease sales by 5%. 3. Automate some steps in the manufacturing process, which would increase fixed costs by $36,000 and decrease variable cost to $15.00 per unit. Sales would remain the same. 4. Increase the selling price to $34 and decrease variable costs to $16. This alternative would result in a 20% decrease in sales. Melanie's Ornaments sells handmade ornaments for $30 per ornament. Operating income for 2020 is as follows: (Click the icon to view the income statement.) Melanie, the owner of the company, wants to increase operating income over the next year by at least $20,000. To do so, the company is considering the following options: (Click the icon to view the options.) Read the Evaluate each of the altematives considered by Melanie's Omaments. (Use parentheses or a minus sign for an operating loss.) Requirement Evaluate each of the alternatives considered by Melanie's Ornaments separately. Do any of the options meet or exceed Melanie's targeted increase in income of $20,000 ? What should Melanie do? Melanie's Ornaments sells handmade ornaments for $30 per ornament. Operating income for 2020 is as follows: (Click the icon to view the income statement.) Melanie, the owner of the company, wants to increase operating income over the next year by at least $20,000. To do s0, the company is considering the following options: 1. (Click the icon to view the options.) Read the Evaluate each of the alternatives considered by Melanie's Omaments. (Use parentheses or a minus sign for an operating loss.) Data table Melanie's Ornaments sells handmade ornaments for $30 per ornament. Operating income for 2020 is as follows: (Click the icon to view the income statement.) Melanie, the owner of the company, wants to increase operating income over the next year by at least $20,000. To do so, the company is considering the following options: Click the icon to view the options.) read the Evaluate each of the alternatives considered by Melanie's Omaments. (Use parentheses or a minus sign for an operating loss.) More info 1. Spend $20,000 on advertising, which should result in a 20% increase in sales. 2. Increase selling price to $41 per ornament, which is expected to decrease sales by 5%. 3. Automate some steps in the manufacturing process, which would increase fixed costs by $36,000 and decrease variable cost to $15.00 per unit. Sales would remain the same. 4. Increase the selling price to $34 and decrease variable costs to $16. This alternative would result in a 20% decrease in sales. Melanie's Ornaments sells handmade ornaments for $30 per ornament. Operating income for 2020 is as follows: (Click the icon to view the income statement.) Melanie, the owner of the company, wants to increase operating income over the next year by at least $20,000. To do so, the company is considering the following options: (Click the icon to view the options.) Read the Evaluate each of the altematives considered by Melanie's Omaments. (Use parentheses or a minus sign for an operating loss.) Requirement Evaluate each of the alternatives considered by Melanie's Ornaments separately. Do any of the options meet or exceed Melanie's targeted increase in income of $20,000 ? What should Melanie do