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Melbourne VIG T: 030-9077-0758 Case Study--Voltar Company+ H Voltar Company manufactures and sells a telephone answering machine. The company's contribution format income statement for the

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Melbourne VIG T: 030-9077-0758 Case Study--Voltar Company+ H Voltar Company manufactures and sells a telephone answering machine. The company's contribution format income statement for the most recent year is given below:+ Total ($) Per unit Sales 1,200,000 $60 Less: Variable expenses 900,000 45 Contribution margin 300,000 15 Less: Fixed expenses 240,000 operating income (EBIT) 60,000 Less: interest 20,000 EBT 40,000 Less: Tax (30%) 12,000 Earnings after tax 28,000

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