Whirly Corporation's contribution format Income statement for the most recent month is shown below: Per Unit $ 33.00 20.00 $13.00 Sales (9,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: (Consider each case independently): Total $ 297,000 180,000 117,000 1. Revised net operating income 2 Revised net operating income 3 Revised net operating income 55,300 $ 61,700 1. What would be the revised net operating income per month if the sales volume increases by 90 units? 2. What would be the revised net operating income per month if the sales volume decreases by 90 units? 3. What would be the revised net operating Income per month if the sales volume is 8,000 units?
Whirly Corporation's contribution format Income statement for the most recent month is shown below: Per Unit $ 33.00 20.00 $13.00 Sales (9,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: (Consider each case independently): Total $ 297,000 180,000 117,000 1. Revised net operating income 2 Revised net operating income 3 Revised net operating income 55,300 $ 61,700 1. What would be the revised net operating income per month if the sales volume increases by 90 units? 2. What would be the revised net operating income per month if the sales volume decreases by 90 units? 3. What would be the revised net operating Income per month if the sales volume is 8,000 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
$ 33.00
20.00
$13.00
Sales (9,000 units)
Variable expenses
Contribution margin
Fixed expenses
Net operating income
Required:
(Consider each case independently):
Total
$ 297,000
180,000
117,000
55,300
$ 61,700
1. What would be the revised net operating income per month if the sales volume increases by 90 units?
2. What would be the revised net operating income per month if the sales volume decreases by 90 units?
3. What would be the revised net operating Income per month if the sales volume is 8,000 units?
1. Revised net operating income
2 Revised net operating income
3 Revised net operating income
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