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The company is planning a $5,700 advertising campaign next month in elther the Medical or Dental market. Marketing studies indicate his campaign would increase Medical

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The company is planning a $5,700 advertising campaign next month in elther the Medical or Dental market. Marketing studies indicate his campaign would increase Medical market sales by $45,600 or Dental market sales by $39,900 Required: 1. How much would the company's profits increase (decrease) if it advertised in the Medical market? 2. How much would the company's profits increase (decrease) if it advertised in the Dental market? 3. Should the company advertise in the Medical or Dental market? Complete this question by entering your answers in the tabs below. How much would the company's profits increase (decrease) if it advertised in the Medical market? The company is planning a $5,700 advertising campaign next month in either the Medical or Dental market. Marketing studies indicate this campaign would increase Medical market sales by $45,600 or Dental market sales by $39,900. Required: 1. How much would the company's profits increase (decrease) if it advertised in the Medical market? 2. How much would the company's profits increase (decrease) if it advertised in the Dental market? 3. Should the company advertise in the Medical or Dental market? Complete this question by entering your answers in the tabs below. How much would the company's profits increase (decrease) if it advertised in the Dental market? Required information [The following information applies to the questions displayed below.] Raner, Harris and Chan is a consulting firm specializing in information systems for medical and dental clinics, The firm has two offices - one in Chicago and one in Minneapolis. It classifies the direct costs of consulting jobs as variable costs. A contribution format segmented income statement for the company's most recent year is given below: Assume Minneapolis's sales by major market are: The company is planning a 55,700 odvertising campaign next month in either the Medical or Dental market. Marketing studies indicat this campaign would increase Medical market sales by $45,600 or Dental market sales by $39,900

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