Question: Assume the following information: Per Unit $40 16 Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $300,000 120,000 180,000 136,000 $ 44,000

Assume the following information: Per Unit $40 16 Sales Variable expenses

Assume the following information: Per Unit $40 16 Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $300,000 120,000 180,000 136,000 $ 44,000 $24 If the selling price per unit increases by 10% and unit sales drop by 5%, then the best of estimate of the new net operating income is: Multiple Choice $59.700 O $49.900 $63,500 $155,700

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