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 R1801, R1803, R1805, and R1807. The other six models (R1802, R1804, R1806, R1808, R1809, and R1810) 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
R1801	$85	$40	1,800
R1802	$95	$45	2,500
R1803	$105	$50	3,000
R1804	$115	$55	3,500
R1805	$125	$60	4,000
R1806	$135	$65	4,500
R1807	$145	$70	2,200
R1808	$155	$75	1,800
R1809	$165	$80	1,500
R1810	$175	$85	1,200