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Carla Vista Markets imports and sells small bear-shaped piatas. In planning for the coming year, the company's owner is evaluating several scenarios. For each scenario

Carla Vista Markets imports and sells small bear-shaped piatas. In planning for the coming year, the company's owner is evaluating several scenarios. For each scenario under consideration, prepare a contribution margin income statement showing the anticipated operating income. Consider each scenario is applied independently to the original data. Last year's income statement is as follows:

Total Per Unit
Sales revenue $1,152,000 $24.00
Variable expenses 528,000 11.00
Contribution margin 624,000 $13.00
Fixed expenses 175,000
Operating income $449,000

The sales price decreases by5% and sales volume increases by15%.(Round per unit answers to 2 decimal places, e.g. 0.38.)

Carla Vista Markets Income Statement
Total Per Unit
Sales $enter a dollar amount $enter a dollar amount rounded to 2 decimal places
Variable expenses

enter a dollar amount

enter a dollar amount rounded to 2 decimal places

Contribution margin

enter a total dollar amount

$enter a total dollar amount rounded to 2 decimal places
Fixed expenses

enter a dollar amount

Operating income $enter a total dollar amount

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