-contexterna browser-Olaunchurlhttp 253A%252F%252Fims.meducation.com 252Fimghmiddleware 12 Practice Saved Shown here is an income statement in the traditional format for a firm with a sales volume of 19,000 units: Revenues Cost of goods sold ($12,000 $2.80/unit) Gross profit Operating expenses: Selling ($2,200 $1.10/unit) Administration (54,650 + $0.40/unit) Operating income $152,000 65,200 $ 86, 800 OK 23, 100 12, 250 $ 51,450 rences Required: a. Prepare an income statement in the contribution margin format b. Calculate the contribution margin per unit and the contribution margin ratio. c. Calculate the firm's operating income (or loss) if the volume changed to 1. 24,000 units 2. 11.000 units d. Refer to your answer to part a when total revenues were $152.000. Calculate the firm's operating income for loss) if unt selling price and variable expense per unit do not change and total revenues 1. Increase by $13,500 2. Decrease by $9,000 Complete this question by entering your answers in the tabs below. Required A Required Required Required bured DI Required 2 Refer to your answer to part a when total revenues were $152,000. Calculate the firm's operating income (or foss) unit selling price and variable expense per unit do not change and total revenues, calculate the firm's operating income (or less unit selling price and variable expense per unit do not change and total revenues increase by $13,500. (Do not round intermediate calculations) Show less