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Question 1: Hala Corp, owns and operates 5 bakeries in and around Gaza. You are given the following corporate budget data for next year: Revenues

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Question 1: Hala Corp, owns and operates 5 bakeries in and around Gaza. You are given the following corporate budget data for next year: Revenues $10,000,000 Fixed costs $ 2,000,000 Variable costs $ 7,000,000 Variable costs change based on the number of units sold. Compute the budgeted operating income for each of the following deviations from the original budget data. (Consider cach case independently) 1. A 15% increase in contribution margin, holding revenues constant 2. A 15% decrease in contribution margin, holding revenues constant and fixed costs are doubled 3. A 10% increase in fixed costs 4. A 10% decrease in fixed costs 5. A 12% increase in units sold 6. A 12% decrease in units sold 7. An 8% decrease in fixed costs and an 8% decrease in units sold 8. A 6% increase in fixed costs and a 6% decrease in variable costs 9. Which of these alternatives yields the highest budgeted operating income? Explain why this is the case

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