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1. ABCs most recent income statement follows: Total Sales (1,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $10,000 6.000 4,000 3.000 $
1. ABCs most recent income statement follows: Total Sales (1,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $10,000 6.000 4,000 3.000 $ 1.000 Per Unit $10.00 6.00 $ 4,00 Required: Prepare a new contribution format income statement under each of the following condition (consider each case independently): 1. The sales volume increases by 100 units: You can get the same net operating income using the following approach 2. The sales volume declines by 100 units. Total Per Unit You can get the same net operating income using the following approach. 3. The sales volume is 2,000 units. Total Per Unit
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