Sandhill 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 $790,000 $15.00 Variable expenses 520,000 10.00 Contribution margin 260.000 $5.00 Foxed expenses 175,000 Operating income $ 85,000 (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, eg 0.38) Sandhill Markets Income Statement Total Per Unit Sales B06520 16.5 Variable expenses 48000 10 Contribution margin 317720 Fixed expenses 175000 Operating income 142720 eTextbook and Media Attempts: 1 of 3 used (b) Your Answer Correct Answer Your answer is correct The sales les price increases by 10% and variable cost per unit increases by 6% (Round per unit answers to 2 decimal places.cg.0.38.) Sandhill Markets Income Statement Total Per Unit Sales 858000 $ 16.5 Variable expenses 551200 10.6 Contribution margin 306800 5.9 Fixed expenses 175000 Operating income 131800 e Textbook and Media Solution 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, eg 0.38.) Sandhill 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