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Required information [The following information applies to the questions displayed below. ] Data for Hermann Corporation are shown below:
Percent of Per Unit Sales
Selling price $ 80 100%
Variable expenses 44 55
Contribution margin $ 36 45% Fixed expenses are $76,000 per month and the company is selling 2,500 units per month.
A. Required:
Question 1: How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $8,100 and monthly sales increase by $15,500?
Question 2: Should the advertising budget be increased? Complete this question by entering your answers in the tabs below.
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