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Whirly Corporations contribution format income statement for the most recent month is shown below: Total Per Unit Sales (10,000 units) $ 350,000 $ 35.00 Variable
Whirly Corporations contribution format income statement for the most recent month is shown below:
Total | Per Unit | |||||
Sales (10,000 units) | $ | 350,000 | $ | 35.00 | ||
Variable expenses | 200,000 | 20.00 | ||||
Contribution margin | 150,000 | $ | 15.00 | |||
Fixed expenses | 135,000 | |||||
Net operating income | $ | 15,000 |
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