CB Markets imports and sells small bear-shaped piñatas. 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 independently. Last year"s income statement is as follows:

Â	Total	Per Unit
Sales	$600,000	$12.00
Variable expenses	350,000	7.00
Contribution margin	250,000	$ 5.00
Fixed expenses	175,000	Â
		Â
Operating income	$ 75,000	Â
	Â

 

Required

1. The sales price increases by 10% and sales volume decreases by 5%.
2. The sales price increases by 10% and variable cost per unit increases by 5%.
3. The sales price decreases by 10% and sales volume increases by 20%.
4. Fixed expenses increase by $20,000.
5. The sales price increases by 10%, variable cost per unit increases by 10%, fixed expenses increase by $25,000, and sales volume decreases by 10%.