Shown here is an income statement in the traditional format for a firm with a sales volume of 18,000 units. $234,000 61,000 3173,000 Revenues Cost of goods sold ($11,500 + $2.75/unit) Gross profit Operating expenses Selling (52,150 + $0.75/unit) Administration ($4,750 + $0.45/unit) Operating income 15,658 12,85 $144,500 Required: 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 to 1. 23,000 units 2. 10,000 units d. Refer to your answer to part a when total revenues were $234,000. Calculate the firm's operating income (or loss) if unit seling price and variable expense per unit do not change and total revenues 1. Increase by $13,500. 2. Decrease by $8,500 Complete this question by entering your answers in the tabs below. Required A Required B Required i Required cz Required DI Required D2 Prepare an income statement in the contribution margin format. Contribution Margin Income Statement Revenues $ 234.000 Variable expenses Cost of goods sold Selling expenses 0 234.000 Total variable etpenses Contribution margin Fixed expenses Cost of goods sold Selling expenses Administrative expenses Total foed expenses 0 Operating income $ 234.000 Shown here is an income statement in the traditional format for a firm with a sales volume of 18,000 units: $234,000 61,00 $173,000 Revenues Cost of goods sold ($11,500 + $2.75 unit) Gross profit Operating expenses Selling ($2,158 + $0.75/unit) Administration ($4,750 + $8.45/unit) Operating income 15,650 12,850 $144,500 es Required: 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 to 1. 23,000 units 2. 10,000 units d. Refer to your answer to part a when total revenues were $234,000. Calculate the firm's 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 $8,500 Complete this question by entering your answers in the tabs below. Required A Required B Required Ci Required c2 Required 01 Required D2 Calculate the contribution margin per unit and the contribution margin ratio. (Do not round Intermediate calculations, your answers to 2 decimal places.) Contribution margin per unit Contribution margin ratio 6 Shown here is an Income statement in the traditional format for a firm with a sales volume of 18,000 units 142 oints $234,000 61,00 $173,000 Revenues Cost of goods sold ($11,508 + $2.75/unit) Gross profit Operating expenses: Selling ($2,150 + $0.25/unit) Administration ($4,750 + $0.45/unit) Operating income 15,650 12,850 $144,500 eBook Print References Required: 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 to 1. 23,000 units 2. 10.000 units d. Refer to your answer to part a when total revenues were $234.000. Calculate the firm's operating income loss) if unit selling price and variable expense per unit do not change and total revenues 1. Increase by $13,500. 2. Decrease by $8,500 Complete this question by entering your answers in the tabs below. Required A Required B Required i Required c2 Required Di Required D2 Calculate the firm's operating income (or loss) if the volume changed to 23.000 units. (Do not round intermediate calculations.) 6 Shown here is an income statement in the traditional format for a firm with a sales volume of 18,000 units ts $234,000 61,000 $123.000 Revenues Cost of goods sold ($11,580 + $2.75/unit) Gross profit Operating expenses Selling (52,150 + $0.75/unit) Administration (54,750 + $0.45/unit) Operating Income Book 15,650 12,850 $144,500 Print rences Required: 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 to 1.23,000 units 2. 10,000 units d. Refer to your answer to part a when total revenues were $234,000 Calculate the firm's 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 $8,500 Complete this question by entering your answers in the tabs below. -2 Required A Required e Required C1 Required C2 Required Ds Required D2 Calculate the firm's operating income (or loss) of the volume changed to 10,000 units. (Do not round Intermediate calculations.) -1 2 -4- 15- -6- LEN -19 22 Shown here is an income statement in the traditional format for a firm with a sales volume of 18,000 units: 5234,800 61,00e $175,00 Revenues Cost of goods sold ($11,580 + 52:75/unit) Gross profit Operating expenses Selling ($2,150 + $0.75/unit) Administration (54,750 + $0.45/unit) Operating income 15,65e 12,850 $144, see bok rint Fences Required: 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 to 1.23,000 units 2. 10,000 units. d. Refer to your answer to part a when total revenues were $234,000. Calculate the firm's 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 $8,500 Complete this question by entering your answers in the tabs below. Required A Required B Required i Required C2 Required Di Required D2 Refer to your answer to part a when total revenues were $234.000. Calculate the firm's operating income (or loss) ifu selling price and variable expense per unit do not change and total revenues, calculate the firm's operating income (or unit selling price and variable expense per unit do not change and total revenues increase by $13.500. (Do not round intermediate calculations.) Show Shown here is an income statement in the traditional format for a firm with a sales volume of 18,000 units: $234, eee 61,080 $173,000 Revenues Cost of goods sold ($11,500+ $2.75/unit) Gross profit Operating expenses Selling (32,150 + $0.75/unit) Administration (34,750 + $0.45/unit) Operating income 15,650 12,850 $144,500 Ek rices Required: a. Prepare an income statement in the contribution margin format. b. Calculate the contribution margin per unit and the contribution margin ratlo. c. Calculate the firm's operating income (or loss) if the volume changed to 1. 23,000 units 2. 10,000 units d. Refer to your answer to part a when total revenues were $234,000. Calculate the firm's 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 $8,500. Complete this question by entering your answers in the tabs below. Required A Required B Required ci Required C2 Required D1 Required D2 Refer to your answer to part a when total revenues were $234,000. Calculate the firm's operating income (or loss) if u selling price and variable expense per unit do not change and total revenues, calculate the firm's operating income (or intermediate calculations.) unit selling price and variable expense per unit do not change and total revenues decrease by $8.500. (Do not round Show