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White Limiteds most recent income statement is shown below: Total Per Unit Sales (5,000 units) $ 150,000 $ 30 Variable expenses 50,000 10 Contribution margin

White Limiteds most recent income statement is shown below:

Total Per Unit
Sales (5,000 units) $ 150,000 $ 30
Variable expenses 50,000 10
Contribution margin 100,000 $ 20
Fixed expenses 85,000
Operating income $ 15,000

Required:

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

1. The sales volume increases by 210 units.

2. The sales volume declines by 210 units.

3. The sales volume is 4,250 units.

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