Oriole Markets imports and sells small bear-shaped piatas. In planning for the coming year, the companys 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 years income statement is as follows:

	Total		Per Unit
Sales revenue		$1,720,000	$40
Variable expenses		860,000	20
Contribution margin		860,000	20
Fixed expenses		175,000
Operating income		$685,000

The sales price increases by 10% and sales volume decreases by 6%

Oriole Markets Income Statement
		Total		Per Unit
Sales		$enter a dollar amount		$enter a dollar amount rounded to 2 decimal places
Variable expenses		enter a dollar amount		enter a dollar amount rounded to 2 decimal places
Contribution margin		enter a total dollar amount		$enter a total dollar amount rounded to 2 decimal places
Fixed expenses		enter a dollar amount
Operating income		$enter a total dollar amount

The sales price increases by 8% and variable cost per unit increases by 6%

Oriole Markets Income Statement
		Total		Per Unit
Sales		$enter a dollar amount		$enter a dollar amount rounded to 2 decimal places
Variable expenses		enter a dollar amount		enter a dollar amount rounded to 2 decimal places
Contribution margin		enter a total dollar amount		$enter a total dollar amount rounded to 2 decimal places
Fixed expenses		enter a dollar amount
Operating income		$enter a total dollar amount

The sales price decreases by 5% and sales volume increases by 15%

Total		Per Unit
Sales		$enter a dollar amount
Variable expenses		enter a dollar amount
Contribution margin		enter a total dollar amount
Fixed expenses		enter a dollar amount
Operating income		$enter a total dollar amount

Fixed expenses increase by $40,000.

Total		Per Unit
Sales		$enter a dollar amount
Variable expenses		enter a dollar amount
Contribution margin		enter a total dollar amount
Fixed expenses		enter a dollar amount
Operating income		$enter a total dollar amount

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%

Oriole Markets Income Statement
		Total		Per Unit
Sales		$enter a dollar amount		$enter a dollar amount rounded to 2 decimal places
Variable expenses		enter a dollar amount		enter a dollar amount rounded to 2 decimal places
Contribution margin		enter a total dollar amount		$enter a total dollar amount rounded to 2 decimal places
Fixed expenses		enter a dollar amount
Operating income		$enter a total dollar amount