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Your answer is incorrect. As manager of the production department, Raul is concerned about increasing direct materials costs. Last year's profit of $ 2 5

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As manager of the production department, Raul is concerned about increasing direct materials costs. Last year's profit of $25,300 resulted from sales of 5,600 units at a selling price of $130. Total fixed costs were $254,700. This year, the company expects both overall sales volume and variable costs per unit to increase by 5%. With no other changes expected, how much will the company's income increase or decrease compared to last year as a result of these changes? (Round per unit costs and final answer to 2 decimal places, e.g.5,125.25.)
Company's income by $
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