White Limiteds most recent income statement is shown below: Required: Prepare a new contribution format income statement
Question:
White Limited€™s most recent income statement is shown below:
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.
Transcribed Image Text:
Total Per Unit Sales (6,000 units).. Variable expenses.. Contribution margin... Fixed expenses.. Operating income.... $52.00 36.00 $16.00 $312,000 216,000 96,000 84,000 $ 12,000
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1 The new income statement would be Total Per Unit Sales 6200 units 322400 5200 Variable expenses 2...View the full answer
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Managerial Accounting
ISBN: 978-1259024900
9th canadian edition
Authors: Ray Garrison, Theresa Libby, Alan Webb
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