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A company's contribution format income statement for the most recent month is shown below: Sales (41,000 units) Variable expenses Contribution margin Fixed expenses Net operating
A company's contribution format income statement for the most recent month is shown below: Sales (41,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $369,000 246,000 123,000 41,000 $ 82,000 Per Unit $9.00 6.00 $3.00 What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 8%? What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 8%? Multiple Choice $98,564 $96,037 $105,786 $109,139
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