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7 Woodridge Corporation manufactures numerous products, one of which is called Alpha-32. The company has provided the following data about this product: Unit sales (a)

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7 Woodridge Corporation manufactures numerous products, one of which is called Alpha-32. The company has provided the following data about this product: Unit sales (a) Selling price per unit Variable cost per unit Traceable fixed expense 75,000 $ 94.00 $ 75.00 $1,628,000 Management is considering increasing the price of Alpha-32 by 6% from $94.00 to $99.64 The company's marketing managers estimate that this price hike would decrease unit sales by 6%, from 75,000 units to 70,500 unitsAssuming that the total traceable fixed expense does not change, what net operating income will product Alpha-32 earn at a price of $99.64 if this sales forecast is correct

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