The following information is for Fennec Company: Selling price $26 per unit Variable costs $16 per unit Total fixed costs $211,000 Expected sales 19,000 units What will operating income be if lowering the price by $2.00 results in 5000 more units of sales? Question 11 The following information is for Nichols Company: Selling price $120 per unit Variable costs $80 per unit Total fixed costs $315,000 Expected sales are 12,000 units What is the margin of safety? 10 pts