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Please answer all questions, and show any work. I appreciate your help Whirly Corporations most recent income statement is shown below: Total Per Unit Sales
Please answer all questions, and show any work. I appreciate your help
Whirly Corporations most recent income statement is shown below: |
Total | Per Unit | ||||
Sales (8,800 units) | $ | 281,600 | $ | 32.00 | |
Variable expenses | 167,200 | 19.00 | |||
Contribution margin | 114,400 | $ | 13.00 | ||
Fixed expenses | 54,900 | ||||
Net operating income | $ | 59,500 | |||
|
Required: | |
Prepare a new contribution format income statement under each of the following conditions (consider each case independently): | |
1. | The sales volume increases by 80 units. |
2. | The sales volume decreases by 80 units. |
3. | The sales volume is 7,800 units. |
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