An unfavorable change in business is remotely possible. In this case, production and sales volume for- 2015 could fall to 12,000 units. How much income (or loss) from operations would occur if sales volume falls to this level? (Enter any loss with minus sign.) 4 An unfavorable change in business is remotely PHOENIX COMPANY Forecasted Contribution Margin Income Statement For Year Ended December 31, 2015 15,000 12,000 Sales (in units) Contribution margin (per unit) Contribution margin Fixed costs Operating income (loss) References eBook & Resources