Shown here is an income statement in the traditional format for a firm with a sales volume of 19,000 units: $152,000 65,200 $ 86, 890 Revenues Cost of goods sold ($12,000 - $2.80/unit) Gross profit Operating expenses: Selling ($2,200 $1.10/unit) Administration (54,650 + $0.40/unit) Operating income 23, 106 12, 258 $ 51,450 rences Required: a. Prepare an income statement in the contribution margin format. b. Calculate the contribution margin per unit and the contribution margin ratio c. Calculate the firm's operating income (or loss) if the volume changed to 1.24,000 units 2. 11.000 units. d. Refer to your answer to part a when total revenues were $152,000. Calculate the firm's operating income for loss) if unit selling price and variable expense per unit do not change and total revenues 1. Increase by $13,500 2. Decrease by $9,000 Complete this question by entering your answers in the tabs below. Required A Required Required i Required cRequired Di Required D2 Calculate them's operating income (or loss) if the volume changed to 24,000 units. (Do not round Intermediate calculation) Operating income Required Required C2) Practice Swed Shown here is an income statement in the traditional format for a firm with a sales volume of 19,000 units: Revenues Cost of goods sold (512,000 + 52.B0/unit) Gross profit Operating expenses: Selling ($2,200 + $1.10/unit) Administration (54,650 50.40/unit) Operating income $152,000 65,200 $ 85,800 23, 100 12,250 5 51.450 ices Required: a. Prepare an income statement in the contribution margin format b. Calculate the contribution margin per unit and the contribution margin ratio, c. Calculate the firm's operating income for loss) If the volume changed to 1. 24,000 units 2. 11000 units d. Refer to your answer to part a when total revenues were $152,000. Calculate the firm's operating income for loss) if unit selling price and variable expense per unit do not change and total revenues 1. Increase by $13,500. 2. Decrease by $9,000 Complete this question by entering your answers in the tabs below. Required Required Required C Required Required DL Required D2 Calculate the firm's operating income (or loss of the volume changed to 11,000 units. (Do not round Intermediate calculations.)