Required information Problem 5-30 (Static) Graphing: Incremental Analysis; Operating Leverage (LO5-2, L05-4, LO5-5, LO5-6, LO5-8) [The following information applies to the questions displayed below) Angie Silva has recently opened The Sandal Shop in Brisbane, Australia, a store that specializes in fashionable sandals. In time, she hopes to open a chain of sandal shops. As a first step, she has gathered the following data for her new store: Sales price per pair of sandals $ 40 Variable expenses per pair of sandals 16 Contribution margin per pair of sandals $ 24 Fixed expenses per year: Building rental $ 15,000 Equipment depreciation 7.000 Selling 20,000 Administrative 18,000 Total fixed expenses $ 60,000 Problem 5-30 (Static) Part 4 4. Angie now has two salespersons working in the store-one full time and one part time. It will cost her an additional $8,000 per year to convert the part-time position to a full-time position Angie believes that the change would increase annual sales by $25,000. Should she convert the position? Use the incremental approach REQUIRED Assignment Part 2 - Due 10/03. Saved Help Save & Exit Cha $ 24 Contribution margin per pair of sandals Fixed expenses per year: Building rental Equipment depreciation Selling Administrative Total fixed expenses $ 15,000 7,000 20,000 18,000 $ 60,000 Problem 5-30 (Static) Part 4 4. Angie now has two salespersons working in the store-one full time and one part time. It will cost her an additional $8,000 per year to convert the part-time position to a full-time position. Angie believes that the change would increase annual sales by $25,000. Should she convert the position? Use the incremental approach Multiple Choice Yes No