EXERCISES EXERCISE 4-1 Preparing a Contribution Format Income Statement [101 White Limited's most recent income statement is shown below: connect Total Per Unit Sales (6,000 units) Variable expenses Contribution margin. Fixed expenses Operating income $312.000 216,000 96.000 84.000 S 12.000 $52.00 36.00 $16.00 Required: Prepare a new contribution format income statement under each of the following conditions (consider each case independently): 1. The sales volume increases by 200 units. 2. The sales volume declines by 200 units. 3. The sales volume is 5,250 units. O BI re to search a