Required Information [The following information applies to the questions displayed below.] Burchard Company sold 41,000 units of Its only product for $17.20 per unit this year. Manufacturing and selling the product required $312,000 of fixed costs. Its per unit varlable costs follow. For the next year, management will use a new materlal, which will reduce direct materlals costs to $1.84 per unit and reduce direct labor costs to $2.16 per unit. Sales, total fixed costs, varlable overhead costs per unit, and varlable selling and administrative costs per unit will not change. Management is also considering ralsing its selling price to $21.50 per unit, which would decrease unlt sales volume to 36,900 units. Requlred: 1. Compute the contribution margin per unit from (a) using the new materlal and (b) using the new materlal and Increasing the selling price. (Round your answers to 2 decimal places.) 2. Prepare a contribution margin Income statement for next year with two columns showing the expected results of (a) using the new materlal and (b) using the new materlal and increasing the selling price