Friday, 15 November 2019

Heather Hudson makes stuffed teddy bears. Recent information for her business follows:

Heather Hudson makes stuffed teddy bears. Recent information for her business follows:



Selling price per bear $ 34.00
Total fixed cost per month
1,500.00
Variable cost per bear
22.00


She sells 380 bears this month.

Suppose sales increase by 10 percent next month. Calculate the effect that increase will have on her profit. (Round your intermediate calculations to 2 decimal places. Round your final answer to 1 decimal place. (i.e. .123 should be entered as 12.3%))


Increase in profit    %

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