Whirly Corporation's contribution format income statement for the most recent month is shown below: Total Per Unit $ 35.00 $ 283,500 162,000 121,500 54, 100 $ 67,400 Sales (8,100 units) Variable expenses 20.00 Contribution margin $ 15.00 Fixed expenses Net operating income Required: (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 50 units? 2. What would be the revised net operating income per month if the sales volume decreases by 50 units? 3. What would be the revised net operating income per month if the sales volume is 7,100 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: Total Per Unit $ 35.00 $ 283,500 162,000 121,500 54, 100 $ 67,400 Sales (8,100 units) Variable expenses 20.00 Contribution margin $ 15.00 Fixed expenses Net operating income Required: (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 50 units? 2. What would be the revised net operating income per month if the sales volume decreases by 50 units? 3. What would be the revised net operating income per month if the sales volume is 7,100 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income

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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