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Whirly Corporations most recent income statement is shown below: Total Per Unit Sales (8,300 units) $ 273,900 $ 33.00 Variable expenses 149,400 18.00 Contribution margin
Whirly Corporations most recent income statement is shown below:
Total | Per Unit | ||||
Sales (8,300 units) | $ | 273,900 | $ | 33.00 | |
Variable expenses | 149,400 | 18.00 | |||
Contribution margin | 124,500 | $ | 15.00 | ||
Fixed expenses | 55,700 | ||||
Net operating income | $ | 68,800 | |||
Required:
Prepare a new contribution format income statement under each of the following conditions (consider each case independently):
1. The sales volume increases by 50 units.
Whirly CorporationContribution Income Statement Total Per Unit 0$0$0
2. The sales volume decreases by 50 units.
Whirly CorporationContribution Income Statement Total Per Unit 0$00
3.The sales volume is 7,300 units.
Whirly CorporationContribution Income StatementTotalPer Unit0$0$0
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