4 3 points eBook new labor-saving production equipment that will enable the company to reduce variable costs to $10 per unit. The investment would cause fixed costs to increase by $10,600 because of additional depreciation cost. Required a. Use the equation method to determine the sales price per unit under existing conditions (current equipment is used). b. Prepare a contribution margin income statement, assuming that Rooney invests in the new production equipment. Complete this question by entering your answers in the tabs below. Print References Required A Required B Use the equation method to determine the sales price per unit under existing conditions (current equipment is used). Sales price per unit < Required A Required B > Excercises Chapter Three i 4 3 points eBook Saved Help new labor-saving production equipment that will enable the company to reduce variable costs to $10 per unit. The investment would cause fixed costs to increase by $10,600 because of additional depreciation cost. Required a. Use the equation method to determine the sales price per unit under existing conditions (current equipment is used). b. Prepare a contribution margin income statement, assuming that Rooney invests in the new production equipment. Complete this question by entering your answers in the tabs below. Print References Required A Required B Prepare a contribution margin income statement, assuming that Rooney invests in the new production equipment. ROONEY COMPANY Contribution margin Income statement < Required A Required B