Island Novelties, Inc., of Palau makes two products --Hawaiian Fantasy and Tahitian Joy. Each product's selling price, variable expense per unit, and annual sales volume are as follows: Selling price per unit Variable expense per unit Number of units sold annually Hawaiian Fantasy Tahitian Joy $ 30 $ 100 $ 215 25 30,000 6,000 Fixed expenses total $652,800 per year. Eg 2011 Assuming the sales mix given above, prepare a contribution format income statement showing both dollar and percent columns for each product and for the company as a whole. Island Novelties Contribution Income Statement Hawaiian Fantasy Tahitian Joy Amount ! Amount Amount