Pharoah 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 $1,320,000 $40.00 Variable expenses 792,000 24.00 Contribution margin 528,000 $16.00 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.) Pharoah Markets Income Statement Sales Variable expenses Contribution margin $ Fixed expenses Operating income $ eTextbook and Media Save for Later Total $ $ Per Unit Attempts: 0 of 3 used Submit