Need help with B.

Oriole Orthotics Company distributes a specialized ankle support that sells for $40. The company's variable costs are $30 per unit: fixed costs total $290,000 each year, Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, es. 0.38 = 38%) Contribution margin ratio 25 % e Textbook and Media Attempts: 1 of 3 used (a2) Your answer is correct If sales increase by $43,000 per year, by how much should operating income increase? (Use the rounded contribution margin ratio calculated in the previous part.) 10.750 Change in operating income e Textbook and Media Attempts: 1 of 3 used (b) Last year, Oriole sold 34,000 ankle supports. The company's marketing manager is convinced that a 5% reduction in the sales price, combined with a $70,000 increase in advertising, will result in a 29% increase in sales volume over last year. Compute the projected income. (Enter negative amounts using either a negative sign preceding the number es-45 or parentheses es. (45)) Projected income Should Oriole implement the price reduction? Oriole implement the price reduction because the estimated operating income is than the current (b) Last year, Oriole sold 34,000 ankle supports. The company's marketing manager is convinced that a 5% reduction in the sales price, combined with a $70,000 increase in advertising, will result in a 29% increase in sales volume over last year. Compute the projected income. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses es. (45)) Projected income Should Oriole implement the price reduction? Oriole implement the price reduction because the estimated operating income is than the current should not should (b) Last year, Oriole sold 34,000 ankle supports. The company's marketing manager is convinced that a 5% reduction in the sales price.combined with a $70,000 increase in advertising, will result in a 29% increase in sales volume over last year. Compute the projected income (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses es. (45)) $ Projected income Should Oriole implement the price reduction? Oriole implement the price reduction because the estimated operating income is than the current more less e Textbook and Media