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Assume the following information: Amount Per Unit Sales$300,000 $40 Variable expenses 120,000 16 Contribution margin 180,000 $24 Fixed expenses 79,000 Net operating income$101,000 If the
Assume the following information:
Amount Per Unit
Sales$300,000 $40
Variable expenses 120,000 16
Contribution margin 180,000 $24
Fixed expenses 79,000
Net operating income$101,000
If the selling price per unit increases by 10% and unit sales drop by 5%, then the best of estimate of the new net operating income is:
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