Kinsley Corporation Manufactures Numerous Products, One of Which Is Called

Multiple Choice

Kinsley Corporation manufactures numerous products, one of which is called Kappa03. The company has provided the following data about this product: Assume that the total traceable fixed expense does not change. If Kinsley increases the price of Kappa03 to $38.52, what percentage change in unit sales would provide the same net operating income as is currently being earned at a price of $36.00? (Your answer should be rounded to the nearest 0.1%.)

A) −6.0%
B) −24.9%
C) −10.0%
D) −20.1%