View Policies Show Attempt History Current Attempt in Progress Oriole sells alearning system that helps preschool and elementary students learn basic math facts and concepts. The company's income 1 statement from last month is as follows: Total Per Unit Sales revenue $715,000 $55 Variable expenses 321,750 24.75 Contribution margin 393,250 $30.25 Fixed expenses 244750 Operating income $ 148,500 | | | | If Oriole's sales were to increase by $100,000 with no change in fixed expenses, by how much would operating income increase? (Use the rounded contribution margin ratio calculated in the previous part to compute breakeven sales.) Net Operating income will increase by $ eTextbook and Media Save for Later Attempts: 0 of 3used (d) Oriole's managers have determined that variable costs per unit will increase by 20% beginning next month. To offset this increase in costs, they are considering a 12% increase in the sales price. Market research indicates that the price increase will result in a 3% decrease in the number of learning systems Oriole sells. What will be Oriole's expected operating income if the price increase is implemented? (Round per unit calculations te 2 decimal places e.g. 52.75 and final answer to O decimal places, e.g. 5,275.) Operating income