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Titou Co.'s contribution format income statement for the most recent month is shown below: begin{tabular}{lrr} & multicolumn{2}{c}{ Total } cline { 2 - 3

image text in transcribed Titou Co.'s contribution format income statement for the most recent month is shown below: \\begin{tabular}{lrr} & \\multicolumn{2}{c}{ Total } \\\\ \\cline { 2 - 3 } Sales \\( (42,000 \\) units) & \\( \\$ 378,000 \\) \\\\ Variable expenses & & 252,000 \\\\ \\cline { 2 - 2 } Contribution margin & & 126,000 \\\\ Fixed expenses & & 46,000 \\\\ \\cline { 2 - 2 } Net operating income & \\( \\$ 80,000 \\) \\\\ \\hline \\end{tabular} \\begin{tabular}{cc} \\multicolumn{2}{c}{ Per Unit } \\\\ \\hline\\( \\$ \\) & 9.00 \\\\ & 6.00 \\\\ \\hline\\( \\$ \\) & 3.00 \\\\ \\hline \\hline \\end{tabular} What would be the revised net operating income if the selling price decreases by \\( \\$ 1.20 \\) per unit and the number of units sold increases by \24

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