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A manufacturer's contribution margin income statement for the vear follows. te A manufacturer's contribution margin income statement for the year follows. Prepare contribution a margin
A manufacturer's contribution margin income statement for the vear follows. te A manufacturer's contribution margin income statement for the year follows. Prepare contribution a margin income statement for the separate case below. \begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ Contribution Margin Income Statement } \\ \hline Sales (10,000 units $10 per unit) & $100,000 \\ \hline Variable costs (10,000 units $6 per unit) & 60,000 \\ \hline Contribution margin (10,000 units $4 per unit) & 40,000 \\ \hline Fixed costs & 30,000 \\ \hline Income & $10,000 \\ \hline & \\ \hline Required: & \\ \hline \end{tabular} 1. The 10,000 units sold and produced increases to 10,400 units and fixed costs increase by $5,000. \begin{tabular}{|l|r|} \hline Units sold & 10,400 \\ \hline Increase in fixed costs & $5,000 \\ \hline \multicolumn{1}{|c|}{ Contribution Margin Income Statement } \\ \hline \multicolumn{1}{|c|}{ Sales } \\ \hline Variable costs \\ \hline Contribution margin \\ \hline Fixed costs \\ Income (loss) \\ \hline \end{tabular} A manufacturer's contribution margin income statement for the year follows. Prepare contribution a margin income statement for the separate case below. 2. Unit selling price decreases by 5% and units sold and produced increase by 8%. Hint: A unit increase has both a sales and costs imbact. A manufacturer's contribution margin income statement for the year follows. Prepare contribution a margin income statement for the separate case below
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