Heather Hudson makes stuffed teddy bears. Recent information for her business follows: ...
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Accounting
Heather Hudson makes stuffed teddy bears. Recent information for her business follows:
Selling price per bear
$
27.00
Total fixed cost per month
1,480.00
Variable cost per bear
8.00
She sells 440 bears this month. Suppose sales increase by 20 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%))
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