ACC 212 - MANAGERIAL ACCOUNTING SECTION 1 Fox Company's most recent income statement is shown below: Sales (100,000 units) Less: Variable expenses Contribution margin TOTAL PER UNIT $800,000 600,000 200,000 Less Fixed Expenses Net Income 160,000 40,000 REQUIRED: Calculate the impact on net income of each of the following conditions (consider each case independently) using the incremental contribution margin approach. (1) () The slling price: by 100peruni, and e sales volume kxras by (3) The selling price decreases by $1.00 per unit, fixed expenses increase by $5,000, (4) Variable expenses decrease by 25 cents per unit, the selling price decrease by 5%, The sales volume decreases 20%. 15%. and the sales volume increases by 10%. and the sales volume increases by 6%