White Limiteds most recent income statement is shown below: Required: Prepare a new contribution format income statement

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White Limited€™s most recent income statement is shown below:

Total Per Unit Sales (6,000 units).. Variable expenses.. Contribution margin... Fixed expenses.. Operating income.... $5

Required:
Prepare a new contribution format income statement under each of the following conditions (consider each case independently):
1. The sales volume increases by 200 units.
2. The sales volume declines by 200 units.
3. The sales volume is 5,250 units.

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Related Book For  book-img-for-question

Managerial Accounting

ISBN: 978-1259024900

9th canadian edition

Authors: Ray Garrison, Theresa Libby, Alan Webb

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