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Exercise 2-1 (Algo) The Effect of Changes In Activity on Net Operating Income [LO2-1] Whily Corporation's contribution format income statement for the most recent month

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Exercise 2-1 (Algo) The Effect of Changes In Activity on Net Operating Income [LO2-1] Whily Corporation's contribution format income statement for the most recent month is shown below: Required: (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 50 units? 2. What would be the revised net operating income per month if the sales volume decreases by 50 units? 3. What would be the revised net operating income per month if the sales volume is 7,100 units

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