Consider the following data for Aladdin Carpets Limited Per Unit Percent $250 Sales Price Less: variable costs 100 150 60 Contribution margin 100 40 Fixed costs $35 000 Currently sales are $100,000 (400 units) Required: ALL CALCULATIONS MUST BE SHOWN 1) Prepare a proper contribution income statement for the year ended December 31, 3013 DO THE FOLLOWING TWO INDEPENTANT SITUATIONS 2) Management is considering increasing the quality of its carpets at an additional cost of $15 per carpet. They feel that this will increase sales by 180 carpets, if the advertising budget is increased by $15,000. Should Aladdin increase the quality of their carpets? 3) The workforce has approached Aladdin to change them from a flat salary of S6000 per month to a sales commission of $25 per carpet which could increase sales by 15% Should Aladdin agree with their proposal