AP-1A LO Synora is the manager at Park Bistro. She has been asked to determine an appropriate price for the "fondue for two" using market-based pricing. Required a) For each price point, use the information provided to calculate the total sales, contribution margin and income (loss) from operations. Price per Meal Quantity Demanded Sales Variable Costs Contribution Margin Fixed Costs Income (Loss) from Operations $24 $25 $27 $30 1,000 1,200 1,300 1,100 $8,000 9,600 10,400 8,800 $7,250 7,250 7,250 7,250 b) Based on these calculations, what price should Synora recommend for the fondue