Attempts: 0 of 3 used b) The sales price increases by 12% and variable cost...
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Accounting
Attempts: 0 of 3 used b) 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.) Fixed expenses increase by $40,000. (Round per unit answers to 2 decimal places, e.g. 0.38.) The sales price increases by 12%, variable cost per unit increases by 15%, fixed expenses increase by $30,000, and sales volume decreases by 15%. (Round per unit answers to 2 decimal places, e.g. 0.38.) The sales brice increases bv 10% and sales volume decreases bv 5\%. (Round ver unit answers to 2 decimal places, e.g. 0.38.) 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: (a) The sales price increases by 10% and sales volume decreases by 5%. (Round per unit answers to 2 decimal places, e.g. 0.38 .) The sales price decreases by 5% and sales volume increases by 15%. (Round per unit answers to 2 decimal places, e.g. 0.38.)
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