Question
Whirly Corporations most recent income statement is shown below: Total Per Unit Sales (8,100 units) $ 283,500 $ 35.00 Variable expenses 153,900 19.00 Contribution margin
Whirly Corporations most recent income statement is shown below: |
Total | Per Unit | ||||
Sales (8,100 units) | $ | 283,500 | $ | 35.00 | |
Variable expenses | 153,900 | 19.00 | |||
Contribution margin | 129,600 | $ | 16.00 | ||
Fixed expenses | 55,100 | ||||
Net operating income | $ | 74,500 | |||
|
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. |
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