Exercise 20-5 Your answer is partially correct. Try again Carey Company had sales in 2016 of $1,658,800 on 63,800 units. Variable costs tofaled $1,148,400, and fixed costs totaled $467,000, A new raw matenal is available that will decrease the variable costs per unit by 20% (ar S3.60. However, to pr one-half of the decline in the varisble costs per unit should be passed on to customers in the form of a sales price increase in the number of units sold eduction. The marketing department expects that this salkes price reduction wil result in a 5% (a) Prepare a projected CVP income statement for 201 1,225.) CVP Income Statement Total I148.4