Herrell Corporation manufactures numerous products, one of which is called Delta-11. The company has provided the following data about this product:    Unit sales (a) 110,000 Selling price per unit$29.00 Variable cost per unit 19.00 Contribution margin per unit (b)$10.00 Total contribution margin (a) × (b)$1,100,000 Traceable fixed expense 1,010,000 Net operating income$90,000 ?Assume that the total traceable fixed expense does not change. If Herrell increases the price of Delta-11 to $30.45, what percentage change in unit sales would provide the same net operating income as is currently being earned at a price of $29.00? (Your answer should be rounded to the nearest 0.1%.) 

A. (19.8)%
B. (12.7)%
C. (10.0)%
D. (8.2)%


Answer: B

Business

You might also like to view...

According to the text, at what point are telephone interviews considered to be too long?

A) over 10 minutes B) over 15 minutes C) over 20 minutes D) over 25 minutes E) over 30 minutes

Business

If the most optimistic time for completing an activity is 2, the most likely time is 4, and the most pessimistic time is 7, then the estimated time for the activity is ______.

A. 4.17 B. 10.58 C. 5.83 D. 6.42

Business

A key goal of ________ is to allow competitors to enter a market so that consumers in that market can have a wider selection of service providers from which to choose

A) digitization B) the Internet C) deregulation D) All of the above.

Business

Data warehouses contain all data used to process daily transactions

Indicate whether the statement is true or false

Business