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FINANCIAL ACCOUNTING
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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board X 6 Question 1 Whirly Corp X 9 Magal Char x 9 1 Bb Week 3: 1/2 X Bb 1 PDF to Wor x ducation.com/ext/map/index.html?_con=con&external_browser=D0&launchUrl=https%253A%252F%252Fmybb.gvsu.edu%252Fwebapps%252Fportal mework Problems i Saved Whirly Corporation's contribution format income statement for the most recent month is shown below: Total Per Unit Sales (8,800 units) Variable expenses $ 31.00 $ 272,800 158,400 18.00 Contribution margin 114,400 $ 13.00 Fixed expenses 55,900 Net operating income $ 58,500 Required: (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 80 units? 2. What would be the revised net operating income per month if the sales volume decreases by 80 units? 3. What would be the revised net operating income per month if the sales volume is 7,800 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income < Prev 1 of 10 Next >
Transcribed Image Text:board X 6 Question 1 Whirly Corp X 9 Magal Char x 9 1 Bb Week 3: 1/2 X Bb 1 PDF to Wor x ducation.com/ext/map/index.html?_con=con&external_browser=D0&launchUrl=https%253A%252F%252Fmybb.gvsu.edu%252Fwebapps%252Fportal mework Problems i Saved Whirly Corporation's contribution format income statement for the most recent month is shown below: Total Per Unit Sales (8,800 units) Variable expenses $ 31.00 $ 272,800 158,400 18.00 Contribution margin 114,400 $ 13.00 Fixed expenses 55,900 Net operating income $ 58,500 Required: (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 80 units? 2. What would be the revised net operating income per month if the sales volume decreases by 80 units? 3. What would be the revised net operating income per month if the sales volume is 7,800 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income < Prev 1 of 10 Next >
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