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Chap 5 Q1 Whirly Corporations most recent income statement is shown below: Total Per Unit Sales (7,900 units) $ 244,900 $ 31.00 Variable expenses 142,200
Chap 5 Q1
Whirly Corporations most recent income statement is shown below: |
Total | Per Unit | ||||
Sales (7,900 units) | $ | 244,900 | $ | 31.00 | |
Variable expenses | 142,200 | 18.00 | |||
Contribution margin | 102,700 | $ | 13.00 | ||
Fixed expenses | 55,500 | ||||
Net operating income | $ | 47,200 | |||
|
Required: | |
Prepare a new contribution format income statement under each of the following conditions (consider each case independently): | |
1. | The sales volume increases by 50 units. |
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