Please do not give solution in image format thanku Exercise 5-2 (Algo) The Effect of Changes in Unit Sales on Net Operating Income [LO5-2]Whirly Corporation's contribution format Income statement for the most recent month is shown below:Per Unit$ 33.0020.00$13.00sales (8,200 units)Variable expensesContribution marginFixed expensesNet operating incomeRequired:Consider each case Independently):Total$ 270,600164,0001. Revised net operating income2. Revised net operating income3. Revised net operating income106,60055,800$ 50,8001. What would be the revised net operating Income per month if the sales volume increases by 50 units?2. What would be the revised net operating Income per month if the sales volume decreases by 50 units?3. What would be the revised net operating Income per month if the sales volume is 7,200 units?

Income statement is one of the financial statements that shows profitability, total revenue and…

Exercise 5-2 (Algo) The Effect of Changes in Unit Sales on Net Operating Income [LO5-2] Whirly Corporation's contribution format Income statement for the most recent month is shown below: Per Unit $ 33.00 20.00 $ 13.00 Sales (8,200 units) variable expenses Contribution margin Fixed expenses Net operating income Required: Consider each case Independently): Total $ 270,600 164,000 106,600 55,800 $ 50,800 1. What would be the revised net operating Income per month if the sales volume increases by 50 units? 2. What would be the revised net operating Income per month if the sales volume decreases by 50 units? 3. What would be the revised net operating Income per month if the sales volume is 7,200 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income

Exercise 5-2 (Algo) The Effect of Changes in Unit Sales on Net Operating Income [LO5-2] Whirly Corporation's contribution format Income statement for the most recent month is shown below: Per Unit $ 33.00 20.00 $ 13.00 Sales (8,200 units) variable expenses Contribution margin Fixed expenses Net operating income Required: Consider each case Independently): Total $ 270,600 164,000 106,600 55,800 $ 50,800 1. What would be the revised net operating Income per month if the sales volume increases by 50 units? 2. What would be the revised net operating Income per month if the sales volume decreases by 50 units? 3. What would be the revised net operating Income per month if the sales volume is 7,200 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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