Edmonco Company produced and sold 47,000 units of a single product last year, with the following results: Sales Revenue $ 1,390,000 Manufacturing costs: Variable 533,000 Fixed 300,000 Selling costs: Variable 44,000 Fixed 80,000 Administrative costs: Variable 188,000 Fixed 120,000 If Edmonco's sales revenues increase 15%, what will be the percentage increase in income before income taxes

Sean lives in dallas and runs a business that sells boats. in an average year, he receives $722,000 from selling boats. of this sales revenue, he must pay the manufacturer a wholesale cost of $422,000; he also pays wages and utility bills totaling $268,000. he owns his showroom; if he chooses to rent it out, he will receive $2,000 in rent per year. assume that the value of this showroom does not depreciate over the year. also, if sean does not operate this boat business, he can work as a paralegal, receive an annual salary of $21,000 with no additional monetary costs, and rent out his showroom at the $2,000 per year rate. no other costs are incurred in running this boat business.identify each of sean's costs in the following table as either an implicit cost or an explicit cost of selling boats.implicit costexplicit costthe wages and utility bills that sean pays the rental income sean could receive if he chose to rent out his showroom the salary sean could earn if he worked as a paralegal the wholesale cost for the boats that sean pays the