Question 28 The Himalayan Salt Distribution Company has provided the following information regarding 10 lb bags of salt Per Unit Percent of Sales Selling price (per 10 lb bag) $ 110 100% Variable expenses (per 10 lb bag) 50 40% Contribution margin (per 10 lb bag) $ 60 60% Fixed expenses are $30,000 per month and monthly net income is $30,000. The company is currently selling 1.000 units per month. The salt bag product manager would like to cut the selling price by $10.00 and increase the advertising budget by $20,000 per month. The product manager predicts that these two changes would increase monthly sales by 1,000 units. What should be the overall effect on the company's monthly net operating income of this change? increase of $20.000 Increase of $120,000 increase of $50,000 increase of $100.000 Question 29 8.33 pts The Himaylan Salt Corp is planning to sell 1,000 units for $10.00 per unit and will break even at this level of sales. Fixed expenses will be $3,000. What are the company's variable expenses per unit? $4.00 57.00 $6.00 $3.00