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Whirly Corporation's contribution format income statement for the most recent month is shown below: Per Unit $ 32.00 19.00 $ 13.00 Sales (7,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 224,ᎾᎾᎾ 133,000. Required: (Consider each case independently): 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income 91,000 55,500 $ 35,500 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 6,000 units? 4

Whirly Corporation's contribution format income statement for the most recent month is shown below: Per Unit $ 32.00 19.00 $ 13.00 Sales (7,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 224,ᎾᎾᎾ 133,000. Required: (Consider each case independently): 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income 91,000 55,500 $ 35,500 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 6,000 units? 4

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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Whirly Corporation's contribution format income statement for the most recent month is shown below: Per Unit $ 32.00 19.00 $ 13.00 Sales (7,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 224,000 133,000 91,000 55,500 $ 35,500 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 6,000 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income
Transcribed Image Text:Whirly Corporation's contribution format income statement for the most recent month is shown below: Per Unit $ 32.00 19.00 $ 13.00 Sales (7,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 224,000 133,000 91,000 55,500 $ 35,500 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 6,000 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income
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