nowconnectm Sovrd Help Save & Exit Sub Check my work 70,000 A manufacturer's contribution margin income statement for the year follows. Prepare contribution margin income statements for each of the three separate cases below. Contribution Margin Income Statement Sales (14,000 units * $12 per unit) $ 168,000 Variable costs (14,000 units $7 per unit) 98,000 Contribution margin (14,000 units X $5 per unit Fixed costs 57.000 Income $ 13,000 1. The 14,000 units produced and sold increases to 14,500 units and fixed costs increase by $6,300. 2. Unit selling price decreases by 5% and units produced and sold increase by 8%. Hint A unit increase has both a sales and costs impact. 3. Fixed costs increase by $16,100. variable costs per unit decrease by $1, and units produced and sold increase by 400, 1. The 14,000 units produced and sold increases to 14,500 units and fixed costs increase by $6,300. Contribution Margin Income Statement Contribution margin HW Saved 1. The 14,000 units produced and sold increases to 14,500 units and fixed costs increase by $6,300. Contribution Margin Income Statement Contribution margin Income (loss) ces 2. Unit selling price decreases by 5% and units produced and sold increase by 8%. Contribution Margin Income Statement Contribution margin Income (loss) 3. Fixed costs increase by $16,100, variable costs per unit decrease by $1, and units produced and sold increase by 400. Contribution Margin Income Statement un .. Contribution Margin Income Statement Contribution margin Income (loss) 3. Fixed costs increase by $16,100, variable costs per unit decrease by $1, and units produced and sold increase by 400. Contribution Margin Income Statement Contribution margin Income (loss)