PERCENTAGE student number in the yellow highlighted box (cell EB). C D E F G H 2 Number of Units sold 10,000 PER TOTAL UNIT OF SALES 5 01 Sales $ 350,000 6. 7 8 Fixed Expenses 9 Variable Expenses Contribution Margin Net Operating Income $ 245,000 $ 105,000 #VALUE! 10 11 12 Q2 & Q3 Scenario #1 Scenario #2 13 14 15 16 17 Sales Variable Expenses Contribution Margin Fixed Expenses Net Operating Income 18 19 20 04 21 Units Sold Case 1 Case 2 20,900 22 23 Sales $ 331,200 24 Variable expenses 188,100 25 Contribution margin 261 Fixed expenses 27 Net operating income (loss) $ 161,000 26,200 $ 202,600 28 89 Contribution margin per unit $ 13 $ 14