Question: Begin by preparing the contribution margin income statement at the current selling price of $32 per umbrella. Next, calculate Dove Rain Gear's operating income if

Begin by preparing the contribution margin income statement at the current selling price of $32 per umbrella. Next, calculate Dove Rain Gear's operating income if the changes are made. (Use parentheses or a minus sign for an operating loss.) If the changes are made, Dove Rain Gear's operating income (loss) will be Dove Rain Gear raise the selling price of its umbrellas because its operating income will by
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