Question: This is the current income statement for Buffalo Bills Hat Shop. Next year, Buffalo Bill wishes to increase the unit selling price to $110 per

This is the current income statement for Buffalo Bills Hat Shop.

Next year, Buffalo Bill wishes to increase the unit selling price to $110 per unit. Shipping costs will change to 2.5% of sales. Cost of goods sold per unit, fixed costs, and sales volume will remain the same. How will these changes affect contribution margin?

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