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Consider each of the following cases independently. Required: 1. Prepare a new income statement if the sales volume increases by 15%, and the selling price
Consider each of the following cases independently. Required: 1. Prepare a new income statement if the sales volume increases by 15%, and the selling price decreases by round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales $ $ 11.00 Less: Variable expenses 2.00 341,550 62,100 279,450 23.000 Contribution margin $ 9.00 Less: Fixed expenses INet income $ 256,450 2. Prepare a new income statement if the selling price decreases by $2.0 per unit, and the sales volume increases by 25%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales Less: Variable expenses Contribution margin Less: Fixed expenses Net income Drew of Neyt 3. Prepare a new income statement if the selling price increases by $2.0 per unit, fixed expenses increase by $5,000 and the sales volume decreases by 5%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales Noyt 4. Prepare a new income statement if the selling price increases by 5%, variable expenses increase by $0.25 per unit and the sales volume decreases by 20%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales Consider each of the following cases independently. Required: 1. Prepare a new income statement if the sales volume increases by 15%, and the selling price decreases by round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales $ $ 11.00 Less: Variable expenses 2.00 341,550 62,100 279,450 23.000 Contribution margin $ 9.00 Less: Fixed expenses INet income $ 256,450 2. Prepare a new income statement if the selling price decreases by $2.0 per unit, and the sales volume increases by 25%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales Less: Variable expenses Contribution margin Less: Fixed expenses Net income Drew of Neyt 3. Prepare a new income statement if the selling price increases by $2.0 per unit, fixed expenses increase by $5,000 and the sales volume decreases by 5%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales Noyt 4. Prepare a new income statement if the selling price increases by 5%, variable expenses increase by $0.25 per unit and the sales volume decreases by 20%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales
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