Matoaka Monograms sells stadium blankets that have been monogrammed with high school and university emblems....
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Matoaka Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $41 throughout the country to loyal alumni of over 3,700 schools. Matoakas variable costs are 41% of sales; fixed costs are $144,255 per month.Matoaka currently sells 141,000 blankets per year. If sales volume were to increase by 17%, by how much would operating income increase?
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