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Thank you! Whirly Corporation's contribution format income statement for the most recent month is shown below: Sales (7,480 units) Variable expenses Contribution margin Fixed expenses
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Whirly Corporation's contribution format income statement for the most recent month is shown below: Sales (7,480 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 229,400 133,200 96, 200 54,600 $ 41,600 Per Unit $31.00 18.ee $ 13.00 Required: (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 100 units? 2. What would be the revised net operating income per month if the sales volume decreases by 100 units? 3. What would be the revised net operating income per month if the sales volume is 6,400 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income Last month when Holiday Creations, Incorporated, sold 38,000 units, total sales were $152,000, total variable expenses were $112.480, and foed expenses were $37,600. Required: 1. What is the company's contribution margin (CM) ratio? 2 What is the estimated change in the company's net operating income if it can increase sales volume by 425 units and total sales by $1.700? (Do not round intermediate calculations.) 1. Contribution margin ratio 2 Estimated change in het operating income Step by Step Solution
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