Shown here is an Income statement in the traditional format for a firm with a sales volume of 19,000 units: $190,000 65,150 $ 124,850 Revenues Cont of goods sold ($11,000+ $2.85/unit) Gross profit Operating expenses Selling ($2,100 + $1.00/unit) Administration ($5,450 + $0.30/unit) Operating income 21,100 11,150 $.92.600 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. 24,000 units. 2. 11,000 units. d. Refer to your answer to part a when total revenues were $190,000. 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 $13,000. 2. Decrease by $8,500 Complete this question by entering your answers in the tabs below. Required D2 Required Di Required A Required B Required C1 Required C2 Required D1 Required D2 Prepare an income statement in the contribution margin format. Contribution Margin Income Statement Revenues $ 190,000 Variable expenses: Total variable expenses 0 190,000 Fixed expenses Total fixed expenses 0 $ 190,000 Required B > ook int Complete this question by entering your answers in the tabs below. ences Required A Required B Required CI Required 2 Required Di Required 02 Calculate the contribution margin per unit and the contribution margin ratio. (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Contribution margin per unit Contribution margin ratio 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 for loss) If the volume changed to 1. 24,000 units. 2. 11,000 units. d. Refer to your answer to part a when total revenues were $190,000. 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 $13,000. 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 D: Required D2 Calculate the firm's operating Income (or loss) if the volume changed to 24,000 units. (Do not round Intermediate calculations.) Peru contribution margin ratio. c. Calculate the firm's operating Income (or loss) If the volume changed to 1. 24,000 units. 2. 11,000 units. d. Refer to your answer to part a when total revenues were $190,000. Calculate the firm's operating income for loss) If unit selling price and variable expense per unit do not change and total revenues 1. Increase by $13,000. 2. Decrease by $8,500. Complete this question by entering your answers in the tabs below. Required A Required B Required C1 Required C2 Required D2 Required Di Calculate the firm's operating Income (or loss) if the volume changed to 11,000 units. (Do not round Intermediate calculations.) ediu d 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 for loss) if the volume changed to 1. 24,000 units. 2. 11,000 units. d. Refer to your answer to part a when total revenues were $190,000. Calculate the firm's operating income for loss of unit selling price and variable expense per unit do not change and total revenues 1. Increase by $13,000 2. Decrease by $8,500 Complete this question by entering your answers in the tabs below. Required A Required a Required C1 Required 2 Required Di Required D2 Refer to your answer to part a when total revenues were $190,000. Calculate the firm's operating income (or loss unit selling price and variable expense per unit do not change and total revenues, calculate the firm's operating income (or loss) unit selling price and variable expense per unit do not change and total revenues increase by $13,000. (Do not found Intermediate calculations.) Show less igin ratio to hirm's operating income for loss) If the volume changed to 1. 24,000 units. 2. 11,000 units. d. Refer to your answer to part a when total revenues were $190,000. Calculate the firm's operating Income for loss unit selling price and variable expense per unit do not change and total revenues 1. Increase by $13,000. 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 $190,000. Calculate the firm's operating income (or loss unit selling price and variable expense per unit do not change and total revenues calculate the firm's operating income (or low) unit selling price and variable expense per unit do not change and total revenues decrease by $8,500. (Do not round Intermediate calculations.) Shows
