This topic contains a solution. Click here to go to the answer

Author Question: Manson Monograms sells stadium blankets that have been monogrammed with high school and university ... (Read 77 times)

dabomba718

  • Full Member
  • ***
  • Posts: 158
Manson Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $40 throughout the country to loyal alumni of over 1,000 schools. Manson's variable costs are 40% of sales; fixed costs are $120,000 per month.

Required:

a.Manson currently sells 100,000 blankets per year. If sales volume were to increase
by 12%, by how much would operating income increase?
b.Assume that variable costs increase to 45% of the current sales price and fixed costs
increase by $10,000 per month. If Manson were to raise its sales price 10% to cover
these new costs, but the number of blankets sold were to drop by 5%, what would
be the new annual operating income?
c.If variable costs and fixed costs were to change as in part (c), would Manson be
better off raising its selling price and losing volume or keeping the selling price
at $40 and selling 100,000 blankets? Why?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by dabomba718 on Feb 5, 2023

xinyiff

  • Full Member
  • ***
  • Posts: 181
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly




dabomba718

  • Member
  • Posts: 158
Reply 2 on: Feb 5, 2023
Wow, this really help


bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

For a complete list of videos, visit our video library