Provide a graphical illustration of (1) contribution lost due to price, (2) contribution gained due to volume, and (3) total contribution and total variable costs for the new break- even sales volume, given the numbers presented below. The illustration should be similar to that presented in Figure 4.4, but also include the actual amounts of (1), (2), and (3).

Transcribed Image Text:

Time 1 Time 2 Price 20 15 VC 13 12 CM 7 3 Sales volume 1,200 ? Tot VC ? ? Tot CM ? ?