Please do not give solution in image format thanku Required information[The following information applies to the questions displayed below.]Data for Hermann Corporation are shown below:Selling priceVariable expensesContribution marginPercentPer Unit of Sales$ 14091$ 49Fixed expenses are $88,000 per month and the company is selling 3,000units per month.100%6535%Required:1-a. How much will net operating income increase (decrease) per month if the monthlyadvertising budget increases by $9,300, the monthly sales volume increases by 100 units, andthe total monthly sales increase by $14,000?1-b. Should the advertising budget be increased?Req 1AComplete this question by entering your answers in the tabs below.Req 1B Required:1-a. How much will net operating income increase (decrease) per month if the monthlyadvertising budget increases by $9.300, the monthly sales volume increases by 1100units, and the total monthly sales increase by $14,000?1-b. Should the advertising budget be increased?Complete this question by entering your answers in the tabs below.Req 1AReq 18:How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,300,the monthly sales volume increases by 100 units, and the total monthly sales increase by $14,000? (Do not roundintermediate calculations.)Net operating incomeReq 1AbyReq 1BReq 18 >Should the advertising budget be increased?OYesONO< Req 1AReg 1B

MARGINAL COSTING INCOME STATEMENT Marginal Costing Income Statement is one of the Important Cost…

Required information [The following information applies to the questions displayed below.] Data for Hermann Corporation are shown below: Selling price Variable expenses Contribution margin Fixed expenses are $88,000 per month and the company is selling 3,000 units per month. Percent Per Unit of Sales $ 140 100% 91 65 $ 49 35% Required: 1-a. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,300, the monthly sales volume increases by 100 units, and the total monthly sales increase by $14,000? 1-b. Should the advertising budget be increased? Complete this question by entering your answers in the tabs below. Req 1A Req 1B

Required information [The following information applies to the questions displayed below.] Data for Hermann Corporation are shown below: Selling price Variable expenses Contribution margin Fixed expenses are $88,000 per month and the company is selling 3,000 units per month. Percent Per Unit of Sales $ 140 100% 91 65 $ 49 35% Required: 1-a. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,300, the monthly sales volume increases by 100 units, and the total monthly sales increase by $14,000? 1-b. Should the advertising budget be increased? Complete this question by entering your answers in the tabs below. Req 1A Req 1B

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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