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White Limiteds most recent income statement is shown below: Total Per Unit Sales (6,800 units) $ 448,800 $ 66 Variable expenses 285,600 42 Contribution margin
White Limiteds most recent income statement is shown below:
Total Per Unit
Sales (6,800 units) $ 448,800 $ 66
Variable expenses 285,600 42
Contribution margin 163,200 $ 24
Fixed expenses 145,200
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 390 units.
2) The sales volume declines by 390 units.
3)
The sales volume is 6,050 units. |
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