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Acri Corporation manufactures numerous products, one of which is called Omicron09. The company has provided the following data about this product: Unit sales (a) 100,000
Acri Corporation manufactures numerous products, one of which is called Omicron09. The company has provided the following data about this product:
Unit sales (a) | 100,000 |
---|---|
Selling price per unit | $ 78.00 |
Variable cost per unit | 49.00 |
Contribution margin per unit (b) | $ 29.00 |
Total contribution margin (a) (b) | $ 2,900,000 |
Traceable fixed expense | 2,480,000 |
Net operating income | $ 420,000 |
Assume that the total traceable fixed expense does not change. If Acri decreases the price of Omicron09 to $71.76, what percentage change in unit sales would provide the same net operating income as is currently being earned at a price of $78.00? (Your answer should be rounded to the nearest 0.1%.)
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