requirement 5

College Rock Colendars imprints calendars with college names. The company has foced expenses of $1,065,000 each month plus variable expenses of $3.50 per carton of calendars, Or the varlat expense, 74% is cont of goods sold, whlle the remaining 26% relates to variable operoting expenses. The compary sels each callon of calendars for 513.50 . Read the teguirempons Requirement 5. By what peroentage will operating income change it Julyi sales volume is 16% higher? Prove your answec: (Round the percentage to tho deornal placet) If volume increases 16%, then coperating income wal increase Prove your answet. (Round the percentage to tao decmal blaces)