Question 3 Not yet answered XYZ. Company is currently selling its single product for $15. Variable costs are estimated to remain at 70% of the current selling price and fixed costs are estimated to be 54,900 per month. If XYZ increases its selling price by 10%, its contribution margin ratio will Macked out of 100 Flag question Select one: a. decrease O b. increase c. Cannot determine with the information given O d. None of the given answers. e not change