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please help me solve for the following revenues of 34,500 cost of goods sold (5,900 + 2.10/unit) 21,860 Gross profit is $12,640 operating expenses selling
please help me solve for the following revenues of 34,500
a. Prepare an income statement in the contribution margin format b. Calculate the contribution margin per unit and the contribution margin ratio. c. Calculate the firm's operating income (or loss) if the volume changed from 7,600 units to 1. 11.400 units: 2. 3,800 units d. Refer to yourkinswer to part a for total revenues of $34,500. Calculate the firm's operating income (or loss) if unit selling and voripsie expenses per unit do not change and total revenues 1. Increase by $13,500. 2. Decrease by $3,000. Complete this question by entering your answers in the tabs below cost of goods sold (5,900 + 2.10/unit) 21,860
Gross profit is $12,640
operating expenses
selling (1,180 + .10/unit) $1,940
administrative ($3,650 + .15/unit) $4,790
operating income $5910
A. prepare an income statement in the contribution margin format.
B. calculate the contribution margin per unit and the contribution margin ratio.
C. calculate the firms operating income or loss if the volume changed from 7600 units to.
1. 11,400 units
2. 3,800 units
refer to your answer to part a for total revenues of $34,500. Calculate the firms operating income or loss if unit selling price and variable expense per unit do not change and total revenues
1. increase by 13,500
2. decrease by 3,000
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