Charlie Shine has written a self-improvement book. The following are its pricing and cost details: $$\begin{array} { l c }
\text { Selling price } & \$ 18.00 \text { per book } \
\text { Variable cost per unit: } & \
\text { Production } & \$ 3.50 \
\text { Selling \& administrative } & 1.90 \
\text { Fixed costs: } & \
\text { Production } & \$ 33,600 \text { per year } \
\text { Selling \& administrative } & 15,540 \text { per year }
\end{array}$$ Charlie Shine is currently selling 5,200 books per year. What impact would a 22% increase in sales have on profit?

Question

Charlie Shine has written a self-improvement book. The following are its pricing and cost details: $$\begin{array} { l c } 
\text { Selling price } & \$ 18.00 \text { per book } \
\text { Variable cost per unit: } & \
\text { Production } & \$ 3.50 \
\text { Selling \& administrative } & 1.90 \
\text { Fixed costs: } & \
\text { Production } & \$ 33,600 \text { per year } \
\text { Selling \& administrative } & 15,540 \text { per year }
\end{array}$$ Charlie Shine is currently selling 5,200 books per year. What impact would a 22% increase in sales have on profit?

Quizplus · Accepted Answer

The Answer of Charlie Shine has written a self-improvement book. The following are its pricing and cost details: $$\begin{array} { l c } 
\text { Selling price } & \$ 18.00 \text { per book } \
\text { Variable cost per unit: } & \
\text { Production } & \$ 3.50 \
\text { Selling \& administrative } & 1.90 \
\text { Fixed costs: } & \
\text { Production } & \$ 33,600 \text { per year } \
\text { Selling \& administrative } & 15,540 \text { per year }
\end{array}$$ Charlie Shine is currently selling 5,200 books per year. What impact would a 22% increase in sales have on profit?

Charlie Shine Has Written a Self-Improvement Book Charlie Shine Is Currently Selling 5,200 Books Per Year