Cogdill Corporation Manufactures Numerous Products, One of Which Is Called

Multiple Choice

Cogdill Corporation manufactures numerous products, one of which is called Epsilon78. The company has provided the following data about this product: Assume that the total traceable fixed expense does not change. If Cogdill increases the price of Epsilon78 to $19.76, what percentage change in unit sales would provide the same net operating income as is currently being earned at a price of $19.00? (Your answer should be rounded to the nearest 0.1%.)

A) −14.7%
B) −28.3%
C) −5.0%
D) −16.0%