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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
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 $ 780,000 $ 15.00 Variable expenses 520,000 10.00 Contribution margin 260,000 $5.00 Fixed expenses 175.000 Operating income $ 85,000 (e) The sales price increases by 12%, variable cost per unit increases by 15%. fixed expenses increase by $ 30.000, and sales volume decreases 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 $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit
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