Nep) Coded during February Total Cost per equivalent M Direct materials cost per unit Conversion cost per Assembly Department cost per unit Ex. 8: Preparing a Contribution Format Income Statement () Agon Corporation's most recent income statement is shown below. Sales (8,000 units) Variable expenses Perron Total 5208,000 144.000 Fixed expenses a) Calculate the contribution margin and the net operating income as well as the per unit sales, variable expenses, contribution margin and fill out the table above (1 point) b) Prepare a new contribution format income statement under each of the following conditions (consider each case independently): 1. The sales volume increases by 50 units. (4 points) 2. The sales volume decreases by 50 units. (4 points) 3. The sales volume is 7,000 units. (4 points) 4. Which of the 3 possibilities would you choose? Explain why? (2 points) Cases Total Per Case 2 Total Case 1 Total Per Unit Per Unit Net Operating income Net Operating income Net Operating income 4