Whirly Corporationâs most recent income statement is shownbelow:

Total Per Unit

Sales (8,300units) $ 249,000 $ 30.00

Variableexpenses 149,400 18.00

Contributionmargin 99,600 $ 12.00

Fixed expenses 54,500

Net operatingincome $ 45,100

Required:

Prepare a new contribution format income statement under each ofthe 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 7,300 units.

redcaribou907

Question

Whirly Corporationâs most recent income statement is shownbelow:    Total Per Unit    Sales (8,100units) $ 275,400 $ 34.00     Variableexpenses  145,800  18.00             Contributionmargin  129,600 $ 16.00     Fixed expenses  55,300               Net operatingincome $ 74,300                 Required: Prepare a new contribution format income statement under each ofthe following conditions (consider each case independently):     1. The sales volume increases by 40 units.           2. The sales volume decreases by 40 units.           3. The sales volume is 7,100 units.

	Total		Per Unit
Sales (8,000 units)	$	280,000	$	35.00
Variable expenses		152,000		19.00

Contribution margin		128,000	$	16.00
Fixed expenses		55,100

Netoperating income	$	72,900

Unlock all answers

Related questions

Weekly leaderboard

	Total		Per Unit
Sales (8,100units)	$	275,400	$	34.00
Variableexpenses		145,800		18.00

Contributionmargin		129,600	$	16.00
Fixed expenses		55,300

Net operatingincome	$	74,300

Required:
Prepare a new contribution format income statement under each ofthe following conditions (consider each case independently):

	Total		Per Unit
Sales (8,300units)	$	282,200	$	34.00
Variableexpenses		166,000		20.00

Contributionmargin		116,200	$	14.00
Fixed expenses		54,600

Net operatingincome	$	61,600