Question: Assume the following information: Sales Variable expenses Contribution margin Fixed expenses Net operating income amount $ 300,000 120,000 180,000 93,000 $ 87,000 Per Unit $

Assume the following information: Sales Variable expenses Contribution margin Fixed expenses Net operating income amount $ 300,000 120,000 180,000 93,000 $ 87,000 Per Unit $ 40 16 $ 24 If the selling price per unit increases by 10% and unit seles drop by 5%, then the best of estimate of the new net operating Income is: Multiple Choice $106.500 $97.200 $98,400 $151400

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