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Exercise 1814 (Algo) Contribution margin income statement LO C2 Sunn Compary manufoctures a single product that scis for $160 per unit and whose variable costs

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Exercise 1814 (Algo) Contribution margin income statement LO C2 Sunn Compary manufoctures a single product that scis for $160 per unit and whose variable costs are $134 per unit The companys annuol fixed costs are $629000. The sales manoger predicts blat next year's annual saies of the company's product wil be 39900 units at a price of $199 per unit. Vartable costs are predicted to increase to $139 per unit, hut fixed costs wil remair a: 5629000 . What amount of income can the company expect to eam under there predicted changes? Prepare a contribution maroin income statement for the next year

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