Calculate the effect that increase will have on the profit

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

Selling price per bear $30.00

Total fixed cost per month 1,360.00

Variable cost per bear 15.00

She sells 360 bears this month.

Problem 1: Suppose sales increase by 10 percent next month. Calculate the effect that increase will have on her profit.

Reference no: EM133003522

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