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34 Refer to the contribution format income statement below: Sylvester's Slurpees Contribution Format Income Statement For the month of July 0/33 pts Total Per Unit
34 Refer to the contribution format income statement below: Sylvester's Slurpees Contribution Format Income Statement For the month of July 0/33 pts Total Per Unit Sales (450 units) $12,150 $27 Variable Expenses $5,850 $13 Contribution Margin $6,300 $14 Fixed Expenses $2,400 Net Operating $3,900 Income How do profits change if Sylvester changes his sales price to $29, which also results in selling 50 fewer slurpees? Profits will increase by $900 Profits will decrease by $700 Profits will increase by $100 Profits will decrease by $100
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