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Porter Company 's most recent contribution format income statement is shown below Total Per Unit 160,000 80,000 $2.00 Sales (40,000 units) Variable expenses $240,000 $6.00
Porter Company 's most recent contribution format income statement is shown below Total Per Unit 160,000 80,000 $2.00 Sales (40,000 units) Variable expenses $240,000 $6.00 4.00 Contribution margin Fixed expenses 45,000 Net operating income S 35,000 Required Prepare a new contribution format income statement under each of the following conditions (consider each case independently): (Input all amounts as positive values except losses which should be indicated by a minus sign. Do not round intermediate calculations. Round your "Per unit" answers to2 decimal places.) 1. The number of units sold increases by 11%. Contribution Income Statement Total Per Unit (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) 2, The selling price decreases by 60 cents per unit, and the number of units sold increases by 18%. Contribution Income Statement Total Per Unit (Click to select) lick to select (Click to select) (Click to select) (Click to select)
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