11 A manufacturer's contribution margin income statement for the year follows. Prepare contribution margin income statements for each of the three separate cases below 3.84 points Book References Contribution Margin Income Statement Sales (12,500 units $11 per unit) Variable costs (12,500 units $7 per unit) Contribution margin (12,500 units Fixed costs Income $137,500 87,500 $4 per unit 50,000 35,000 $15,000 1. The 12,500 units produced and sold increases to 13,000 units and fixed costs increase by $6,000. 2. Unit selling price decreases by 4% and units produced and sold increase by 8%. Hint: A unit increase has both a unies and cons Impact. 3. Fixed costs increase by $21,600, variable costs per unit decrease by $2, and units produced and sold increase by 600 1. The 12,500 units produced and sold Increases to 13,000 units and fixed costs increase by 50,000 Sales Variable costs Contribution margin Fixed costs Income (loss) Contribution Margin Income Statement 1 143,000 91,000 62.000 41,000 10,400 2. Unit selling price decreases by 4% and units produced and sold increase by 8%. Contribution Margin income Statement Sales Variable costs Contribution margin Fixed costs Income (loss) Check my work