A company reports the following per unit cost information for this year Direct materlals, $3.90. Direct labor, 55.30,V artable overhead conts, $250 : Variabie seling and administrative costs; $2.90. Fxed costs are $67,000 per year. The company sold 6,700 units for $3 per unite For next year, the company will use a new material, which will reduce direct matetlais cost to 53.60 per unit. The company will also increase its selling price to $33 per unit, which will decrease unit sales volume to 6,200 units. Fixed costs per yeat. direct labor cost per unit, varhable overhead costs per unit, and variable selling and administrative expenses per unit will not change Complete this question by entering your answers in the tabs below. Prepare a contribution margin income statement when using the new material, increasing the selling price, and decreasing anit sales. A company reports the following per unit cost information for this year Direct materlals, $3.90. Direct labor, 55.30,V artable overhead conts, $250 : Variabie seling and administrative costs; $2.90. Fxed costs are $67,000 per year. The company sold 6,700 units for $3 per unite For next year, the company will use a new material, which will reduce direct matetlais cost to 53.60 per unit. The company will also increase its selling price to $33 per unit, which will decrease unit sales volume to 6,200 units. Fixed costs per yeat. direct labor cost per unit, varhable overhead costs per unit, and variable selling and administrative expenses per unit will not change Complete this question by entering your answers in the tabs below. Prepare a contribution margin income statement when using the new material, increasing the selling price, and decreasing anit sales