Pesented is information from Wayne's contribution income statement: Chapter 15 Cost-Volume-Profit Analysis and Pla sers orge Business $70,000 Less variable costs: Manufacturing.... $20.000 10,000 (30,000) 40,000 Selling and administrative. Contribution margin Less fixed costs: Manufacturing. ... Selling and administrative... 15,000 8,000 (23,000) $17.000 Profit With a functional income statement Wayne would have reported a gross margin of 4 $35,000 & $40,000 6.847,000 $50,000 Based on the information in question 2, if Wayne had a $5,000 increase in sales, profits would increase by 4. $5,000 b. $3,570 $2,857 4 $2,500 for $40 per unit. Variable and fixed cost information is