Speedy Cycles manufactures and sells 10 different models of racing bicycles. Speedy Cycles is contemplating a 7% price cut across all 10 models. It expects the price cut to result in a 10% increase in the number of units sold for models H801, H803, H805, and H807. The other six models (H802, H804, H806, H808, H809, and H810) are expected to see a 5% increase in sales volume. Assess the impact of the price cut on Speedy Cycles’ profits and prepare a sales revenue report.

Model	Sales Price	Variable Costs	Sales Volume
H801	$85	$40	1,800
H802	$95	$45	2,500
H803	$105	$50	3,000
H804	$115	$55	3,500
H805	$125	$60	4,000
H806	$135	$65	4,500
H807	$145	$70	2,200
H808	$155	$75	1,800
H809	$165	$80	1,500
H810	$175	$85	1,200