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Whirly Corporations most recent income statement is shown below: Whirly Corporation's most recent income statement is shown below: Total Per Unit Sales (8,800 units) Variable
Whirly Corporations most recent income statement is shown below:
Whirly Corporation's most recent income statement is shown below: Total Per Unit Sales (8,800 units) Variable expenses $281,600 $32.00 167,200 19.00 Contribution margin Fixed expenses 114,400 $13.00 55,300 Net operating income $ 59,100 Required: Prepare a new contribution format income statement under each of the following conditions (consider each case independently) 1. The sales volume increases by 80 units. Whirly Corporation Contribution Income Statement Total Per Unit 2. The sales volume decreases by 80 units Whirly Corporation Contribution income Statement Total Per Unit Step by Step Solution
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