Whirly Corporation's contribution format income statement for the most recent month is shown below: Per Unit $31.00 18.00 $ 13.00 Sales (8,600 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 266,600 154,800 111,800 55,200 $ 56,600 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 7,600 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income
Whirly Corporation's contribution format income statement for the most recent month is shown below: Per Unit $31.00 18.00 $ 13.00 Sales (8,600 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 266,600 154,800 111,800 55,200 $ 56,600 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 7,600 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Subject - account
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Transcribed Image Text:Whirly Corporation's contribution format income statement for the most recent month is shown below:
Per Unit
$31.00
18.00
$ 13.00
Sales (8,600 units)
Variable expenses
Contribution margin
Fixed expenses
Net operating income
Total
$ 266,600
154,800
111,800
55,200
$ 56,600
Required:
(Consider each case independently):
1. Revised net operating income
2. Revised net operating income
3. Revised net operating income
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 7,600 units?
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