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Whirly Corporation’s 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.

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Lelia Lubowitz
Lelia LubowitzLv2
28 Sep 2019

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