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Income statement is as follows: Sales (10,000 units) $150,000 Less variable costs -48,000 Contribution margin $102,000 Less fixed costs -24,000 Net income $78,000 If sales

Income statement is as follows:

Sales (10,000 units) $150,000

Less variable costs -48,000

Contribution margin $102,000

Less fixed costs -24,000

Net income $78,000

If sales increase by 1,000 units, profits will:

a) increase by $4,800

b) increase by $12,000

c) increase by $8,000

d) increase by $10,200

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