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Gift Gallery Sold 2,000 Zooglars During 2020 If Gift Gallery Sells 30 More Units, by How Much

question 65

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Gift Gallery sold 2,000 Zooglars during 2020.Information is provided concerning the Zooglar product:  Sales $60,000 Variable costs 24,000 Fixed costs 10,000 Net income $26.000\begin{array}{ll}\text { Sales } \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots\ldots \ldots \ldots & \$ 60,000 \\\text { Variable costs } \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots & 24,000 \\\text { Fixed costs } \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots & \underline{10,000} \\\text { Net income }\ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots &\underline{ \$ 26.000}\end{array}
If Gift Gallery sells 30 more units, by how much will its profit increase?


Definitions:

Usury

The practice of charging excessive or illegally high interest rates on loans.

Legal Exceptions

Provisions or circumstances that alter the application of laws in specific cases, often providing exemptions from certain legal requirements.

Covenants Not to Compete

Agreements often included in employment contracts that restrict an employee's ability to engage in business activities that compete with their employer after the employment ends.

Sale of Business

The process or transaction in which ownership of a business is transferred from one party to another.

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