1
answer
0
watching
74
views
28 Sep 2019
Whirly Corporationâs most recent income statement is shown below:
Total Per Unit Sales (7,300 units) $ 248,200 $ 34.00 Variable expenses 138,700 19.00 Contribution margin 109,500 $ 15.00 Fixed expenses 55,100 Net operating income $ 54,400
Required: Prepare a new contribution format income statement under each of the following conditions (consider each case independently):
1. The sales volume increases by 100 units.
2. The sales volume decreases by 100 units.
3. The sales volume is 6,300 units.
Whirly Corporationâs most recent income statement is shown below: |
Total | Per Unit | ||||
Sales (7,300 units) | $ | 248,200 | $ | 34.00 | |
Variable expenses | 138,700 | 19.00 | |||
Contribution margin | 109,500 | $ | 15.00 | ||
Fixed expenses | 55,100 | ||||
Net operating income | $ | 54,400 | |||
Required: | |
Prepare a new contribution format income statement under each of the following conditions (consider each case independently): | |
1. | The sales volume increases by 100 units. |
2. | The sales volume decreases by 100 units. |
3. | The sales volume is 6,300 units. |
Lelia LubowitzLv2
28 Sep 2019