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View Policies Show Attempt History Current Attempt in Progress Cullumber Markets imports and sells small bear-shaped pinatas. 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 $900,000 $20.00 Variable expenses 450,000 10.00 Contribution margin 450,000 $10.00 Fixed expenses 175,000 Operating income $275,000 a Your answer is correct. The sales price increases by 10% and sales volume decreases by 6%. (Round per unit answers to 2 decimal places, e.g. 0.38.) Cullumber Markets income Statement Total Per Unit Sales 930,600 22 Variable expenses 423000 10 Contribution margin 507,600 12 Fixed expenses 175000 Operating income 332600 e Textbook and Media Attempts: 1 of 3 used Your Answer Correct Answer - Your answer is partially correct. The sales price increases by 10% and variable cost per unit increases by 6%. (Round per unit answers to 2 decimal places, e.g. 0.38.) Cullumber Markets Income Statement Total Per Unit Sales 1,023,660 Variable expenses 448.380 Contribution margin 507,600 Fixed expenses 175,000 Operating income 332.600 e Textbook and Media Attempts: 3 of 3 used C The sales price decreases by 5% and sales volume increases by 15%. (Round per unit answers to 2 decimal places, e.g. 0.38.) Cullumber Markets Income Statement Total Per Unit Sales Variable expenses Contribution margin Fixed expenses Operating income e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Fixed expenses increase by $50,000. (Round per unit answers to 2 decimal places, eg. 0.38.) Cullumber Markets ncome Statement Total Per Unit Sales Variable expenses Contribution margin Fixed expenses Operating income e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer ( e) The sales price increases by 12%, variable cost per unit increases by 15%, fixed expenses increase by $30,000, and sales volume ACC-650 TOPIC 2 Assignment Question 13 of 13 1.75/7 Sales Variable expenses Contribution margin Fixed expenses Operating income eTextbook and Media Save for Later Attempts: 0 of 3 used Submit