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White Limited's most recent income statement is shown below: Sales (5, 700 units) Total $250, 800 Per Unit $ 44 Variable expenses 114.000 20
White Limited's most recent income statement is shown below: Sales (5, 700 units) Total $250, 800 Per Unit $ 44 Variable expenses 114.000 20 Contribution margin 136,800 $ 24 Fixed expenses 118,800 Operating income $ 18,000 Required: Prepare a new contribution format income statement under each of the following conditions (consider each case independently): 1. The sales volume increases by 280 units. White Limited Contribution Income Statement Total 0 $ 0
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