Exercise 5-1 Preparing a Contribution Format Income St Whirly Corporation's most recent income statement is shown below: Total Per Unit 152,000 19.00 120,000 $15.00 Sales (8,000 units) Variable expenses $272,000 $34.00 Contribution margin Fixed expenses 55, 100 Net operating income 64,900 Required: Prepare a new contribution format income statement under each of the following case independently): 1. The sales volume increases by 80 units. Whirly Corporation Contribution Income Statement Total Per Unit O Type here to search