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Heather Hudson makes stuffed teddy bears. Recent information for her business follows: Selling price per bear Total fixed costs per month Variable cost per bear She sells 390 bears this month. $ 33.00 1,310.00 15.00 Required: Suppose sales increase by 30 percent next month, Calculate the effect that increase will have on her profit.

Heather Hudson makes stuffed teddy bears. Recent information for her business follows: Selling price per bear Total fixed costs per month Variable cost per bear She sells 390 bears this month. $ 33.00 1,310.00 15.00 Required: Suppose sales increase by 30 percent next month, Calculate the effect that increase will have on her profit.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Heather Hudson makes stuffed teddy bears. Recent information for her business follows: Selling price per bear $ 33.00 Total fixed costs per month Variable cost per bear 1,310.00 15.00 She sells 390 bears this month. Required: Suppose sales increase by 30 percent next month, Calculate the effect that increase will have on her profit.
Transcribed Image Text:Heather Hudson makes stuffed teddy bears. Recent information for her business follows: Selling price per bear $ 33.00 Total fixed costs per month Variable cost per bear 1,310.00 15.00 She sells 390 bears this month. Required: Suppose sales increase by 30 percent next month, Calculate the effect that increase will have on her profit.
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