Whirly Corporation's contribution format income statement for the most recent month is shown below: Per Unit $ 35.00 18.00 $ 17.00 Sales (7,900 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: (Consider each case independently): Total $ 276,500 142, 200 134, 300 55,500 $78,800 1. What would be the revised net operating income per month if the sales volume increases by 60 units? 2. What would be the revised net operating income per month if the sales volume decreases by 60 units? 3. What would be the revised net operating income per month if the sales volume is 6,900 units?
Whirly Corporation's contribution format income statement for the most recent month is shown below: Per Unit $ 35.00 18.00 $ 17.00 Sales (7,900 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: (Consider each case independently): Total $ 276,500 142, 200 134, 300 55,500 $78,800 1. What would be the revised net operating income per month if the sales volume increases by 60 units? 2. What would be the revised net operating income per month if the sales volume decreases by 60 units? 3. What would be the revised net operating income per month if the sales volume is 6,900 units?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Whirly Corporation's contribution format income statement for the most recent month is shown below:
Per Unit
$35.00
18.00
$ 17.00
Sales (7,900 units)
Variable expenses
Contribution margin
Fixed expenses
Net operating income
Required:
(Consider each case independently):
1. Revised net operating income
2. Revised net operating income
3. Revised net operating income
Total
$ 276,500
142, 200
134, 300
1. What would be the revised net operating income per month if the sales volume increases by 60 units?
2. What would be the revised net operating income per month if the sales volume decreases by 60 units?
3. What would be the revised net operating income per month if the sales volume is 6,900 units?
$
55,500
$78,800
79.820
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