Question 1

This is an income statement a company prepared when 8,300 units were sold. Total Sales $ 221,610 Variable expenses 141,930 Contribution margin Fixed expenses 79,680 55,100 Net operating income $ 24,580 Required: Redo the contribution format income statement if the sales volume is 7.300 units. Contribution Income Statement Fixed expenses 55,100 Net operating income $ 24,580 Required: Redo the contribution format income statement if the sales volume is 7,300 units. Contribution Income Statement Total 0 $ 0