Laredo, Inc. has a contribution margin ratio of 45%. This month, sales revenue was P200,000, and profit was P40,000. If sales revenue increases by P20,000, by how much will profit increase? Group of answer choices P9,000 P4,500 P1,800 P5,000 The marketing department of Hennessy Co. proposed a price cut on its leading brand, a product called "Henry." From the accounting records these are available: Price per unit P 92.00 Discount to customers 10% Direct cost per unit P 52.60 Variable operating expense per unit P 5.60 Proposed price cut per unit P 10.00 Estimated sales volume before price cut 1,220 pcs. How much is the estimated contribution margin that will be lost due to price cut, assuming the same pre-price cut sales volume? Group of answer choices