Ivanhoe Markets imports and sells small bear-shaped pinatas. 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 (a) 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 $ toFixed expenses Operating income eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b) 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 LA Variable expenses Contribution margin $ Fixed expenses Operating income $(c) 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 Save for Laters://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=71000458-0d6a-48fd-baba-1dfa53cc553f#/question/12 4/22, 8:00 PM NWP Assessment Player UI Application ACC-650 TOPIC 2 Assignment 13 of 13 -17 Sales $ to Variable expenses Contribution margin Fixed expenses Operating income $ eTextbook and Media(e) 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 $ $ W/education.wiley.com/was/ul/v2/assessment-player/index.html?launchld=71000458-0d6a-48fd-baba-1dfa53cc553f#/question/12 /22, 8:00 PM NWP Assessment Player UI Application ACC-650 TOPIC 2 Assignment 3 of 13