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Can I recieve help with this? Crane, Inc., had the following results for last year: Sales revenue Variable expenses Contribution margin Fixed expenses Operating income
Can I recieve help with this?
Crane, Inc., had the following results for last year: Sales revenue Variable expenses Contribution margin Fixed expenses Operating income Total $3,120,000 1,404,000 1,716,000 400,000 $1,316,000 Per Unit $60.00 27.00 $33.00 Prepare a new income statement for each of the following scenarios. Consider each scenario independently. Variable costs per unit increase by $3, the sales price per unit increases by $2, sales volume decreases by 3,400 units, and fixed expenses increase by $15,000. (Round per unit answers to 2 decimal places, e.g. 0.38.) Crane, Inc. Income Statement Total Per Unit Sales $ Variable expenses Contribution margin $ $ Fixed expenses Operating income $Step by Step Solution
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