Accounting Consider the original budget matrix in Problem 53. Assume there is a 20% increase in manufacturing,

Question:

Accounting Consider the original budget matrix in Problem 53. Assume there is a 20% increase in manufacturing, a 3% increase in office, a 5% increase in sales, a 20% increase in shipping, a 5% increase in accounting, and a 3% decrease in management. Find the new budget matrix by developing a matrix A to represent these departmental increases and then multiplying it from the left by the matrix B in Problem 53?
In problem 53,
The annual budget of the Magnum Company has the following expenses, in thousands of dollars, for selected departments.