A manufacturer's contribution margin income statement for the year follows. Prepare contribution margin income statements for each of the three separate cases below. Contribution Margin Income Statement Sales (10,500 units x $12 per unit) Variable costs (10,500 units $7 per unit) 126,000 73,500 Contribution margin (10,500 units x $5 per unit) 52,500 Fixed costs 40,000 $ 12,500 Income 1. The 10,500 units sold and produced increases to 11,000 units and fixed costs increase by $5,100. 2. Unit selling price decreases by 4% and units sold and produced increase by 5%. Hint: A unit increase has both a sales and costs impact. 3. Fixed costs increase by $14,000, variable costs per unit decrease by $1, and units sold and produced increase by 400. 1. The 10,500 units sold and produced increases to 11,000 units and fixed costs increase by $5,100. Contribution Margin Income Statement Contribution margin Income (loss) 2. Unit selling price decreases by 4% and units sold and produced increase by 5%. Contribution Margin Income Statement Contribution margin Income (loss) 3. Fixed costs increase by $14,000, variable costs per unit decrease by $1, and units sold and produced increase by 400. Contribution Margin Income Statement Contribution margin Income (loss)