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White Limiteds most recent income statement is shown below: Total Per Unit Sales (5,800 units) $ 266,800 $ 46 Variable expenses 139,200 24 Contribution margin

White Limiteds most recent income statement is shown below:

Total Per Unit
Sales (5,800 units) $ 266,800 $ 46
Variable expenses 139,200 24
Contribution margin 127,600 $ 22
Fixed expenses 111,100
Operating income $ 16,500

Required:

Prepare a new contribution format income statement under each of the following conditions (consider each case independently):

1. The sales volume increases by 290 units.

2. The sales volume declines by 290 units.

3. The sales volume is 5,050 units.

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