The sales price increases by 12% and variable cost per unit increases by 6%. (Round per unit answers to 2 decimal places, e.g. 0.38.)

Question 7 of 7 0.13/5 E View Policies Show Attempt History Current Attempt in Progress Crane 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 $544,000 $ 17.00 Sales revenue Variable expenses Contribution margin 160,000 5.00 384,000 $12.00 Fixed expenses 100,000 Operating income $ 284.000 (a) Your answer is partially correct. GY Ps