Riley's Rugshas a unit selling price of $120, unit variable cost of $40, and fixed costs of $35,000 per month. Last month. Riley's sold 950 rugs. This mornth, Riley's wishes to raise the unit selling...


Riley's Rugshas a unit selling price of $120, unit variable cost of $40, and fixed costs of $35,000 per month. Last month. Riley's sold<br>950 rugs. This mornth, Riley's wishes to raise the unit selling price to $135. but thinks only 900 units could be sold. If Riley's makes only<br>these changes, the contribution margin will<br>O increase by $15,000.<br>O decrease by $9,000.<br>Oincrease by $9.500.<br>O remain unchanged.<br>

Extracted text: Riley's Rugshas a unit selling price of $120, unit variable cost of $40, and fixed costs of $35,000 per month. Last month. Riley's sold 950 rugs. This mornth, Riley's wishes to raise the unit selling price to $135. but thinks only 900 units could be sold. If Riley's makes only these changes, the contribution margin will O increase by $15,000. O decrease by $9,000. Oincrease by $9.500. O remain unchanged.

Jun 11, 2022
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