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begin{tabular}{l|l|} hline end{tabular} begin{tabular}{|l|r|} hline Contribution margin & 41,600 hline Fixed costs & 30,000 hline Income (los5) & $11,600 hline end{tabular} 2.

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\begin{tabular}{l|l|} \hline \end{tabular} \begin{tabular}{|l|r|} \hline Contribution margin & 41,600 \\ \hline Fixed costs & 30,000 \\ \hline Income (los5) & $11,600 \\ \hline \end{tabular} 2. Unit selling price decreases by 5% and units produced and sold increase by 8%. Hint: A unit increase has both a sales and costs impact. (Use cells A5 to F25 from the given information to complete this question.) \begin{tabular}{|r|c|} \hline Decreaseinsellingprice & Increaseinunitsproducedandsold \\ \hline 5% & 8% \\ \hline \end{tabular} \begin{tabular}{l} Contribution Margin Income Statement \\ Sales \\ Variable costs \\ Contribution margin \\ Fixed costs \\ Income (lo5s) \\ \hline \end{tabular} 3. Fixed costs increase by $20,000, variable costs per unit decrease by $2, and units produced and sold increase by 500 . \begin{tabular}{|c|c|c|} \hline Increaseinfixedcosts & Decreaseinvariablecostperunit & Increaseinnumberofunitsproducedandsold \\ \hline \end{tabular} (Use cells A5 to F37 from the given information to complete this question.) \begin{tabular}{l} \hline \multicolumn{1}{|c|}{ Contribution Margin Income Statement } \\ Sales \\ Variable costs \\ Contribution margin \\ Fixed costs \\ income (loss) \end{tabular} Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work. Nothing in this area will be graded, but it will be submitted with your assignment

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