The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: (CIA adapted) Depreciation on factory equipment $ 2,200 Depreciation on sales office 500 Advertising 8,200 Wages of production workers 30,500 Raw materials used 42,000 Sales salaries and commissions 11,200 Factory rent 3,200 Factory insurance 500 Materials handling 2,700 Administrative salaries 3,200 Based upon this information, the manufacturing cost incurred during the month was:

Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?