Ivanhoe Markets imports and sells small bear-shaped piatas. In planning for the coming year, the company's owner is evaluating several scenarios. For each scenario under consideration, prepare a contribution margin income statement showing the anticipated operating income. Consider each scenario is applied independently to the original data. Last year's income statement is as follows: Total Per Unit Sales revenue $880,000 $22.00 Variable expenses 480,000 12.00 Contribution margin 400,000 $10.00 Fixed expenses 175,000 Operating income $225,000 Your answer is partially correct. The sales price increases by 10% and sales volume decreases by 4%. (Round per unit answers to 2 decimal places, e.g. 0.38.) Ivanhoe Markets Income Statement Total Per Unit Sales $ Variable expenses 12 i Contribution margin Fixed expenses Operating income e Textbook and Media Save for Later Attempts: 1 of 3 used Submit Answer The sales price increases by 12% and variable cost per unit increases by 6%. (Round per unit answers to 2 decimal places, e.g. 0.38.) Ivanhoe Markets Income Statement Total Per Unit Sales $ $ Variable expenses Contribution margin $ Fixed expenses Operating income $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer The sales price decreases by 5% and sales volume increases by 15%. (Round per unit answers to 2 decimal places, e.g. 0.38.) Ivanhoe Markets Income Statement Total Per Unit Sales $ $ Variable expenses Contribution margin $ Fixed expenses Operating income $ eTextbook and Media Fixed expenses increase by $40,000. (Round per unit answers to 2 decimal places, e.g. 0.38.) Ivanhoe Markets Income Statement Total Per Unit Sales $ $ Variable expenses Contribution margin $ Fixed expenses Operating income ta $ The sales price increases by 12%, variable cost per unit increases by 15%, fixed expenses increase by $30,000, and sales volume decreases by 15%. (Round per unit answers to 2 decimal places, e.g. 0.38.) Ivanhoe Markets Income Statement Total Per Unit Sales $ $ Variable expenses Contribution margin $ ta Fixed expenses Operating income $