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Oriole 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

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Oriole 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 $ 968,000 $ 22.00 Variable expenses 440,000 10.00 Contribution margin 528,000 $ 12.00 Fixed expenses 175,000 Operating income $353,000 The sales price increases by 10% and sales volume decreases by 6%. (Round per unit answers to 2 decimal places, e.g. 0.38.) Oriole Markets Income Statement Total Per Unit Sales $ $ 22 Variable expenses Contribution margin $ Fixed expenses Operating income $

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