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Sandhill offers computer consulting, training, and repair services. For the most recent fiscal year, profit was $211,600, as follows: Consulting TrainingRepair Total Sales Less variable
Sandhill offers computer consulting, training, and repair services. For the most recent fiscal year, profit was $211,600, as follows: Consulting TrainingRepair Total Sales Less variable costs: $568,200 $508,300 $344,000$1,420,500 Salaries Supplies/parts Other 35,100 1,300230 $212,800 $258,000 327,800 212,300 237,600 73,500 2,900 4,00 777,700 134,900 8,800 499,100 26,300 Contribution margin Less common fixed costs: 0000$28,300 Rent Owner's salary Utilities Other 54,900 208,700 13,500 10,400 $211,600 Profit Linda O'Flaherty, the owner of Sandhill, believes that in the coming year, she can increase sales by 13 percent. Assuming the current mix of services, what will be the percentage increase in profit associated with a 13 percent increase in sales? (Round weighted-average contribution margin ratio to 6 decimal places, e.g. 0.124547 and final answer to 2 decimal places, eg. 15.25%.) Increase in profit
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