Whirly Corporation's contribution format income statement for the most recent month is shown below: Sales (7,800 units) Total $ 249,600 Per Unit $ 32.00 Variable expenses Contribution margin Fixed expenses Net operating income Required: 148,200 101,400 19.00 $ 13.00 55,300 $ 46,100 (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 70 units? 2. What would be the revised net operating income per month if the sales volume decreases by 70 units? 3. What would be the revised net operating income per month if the sales volume is 6,800 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
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Whirly Corporation's contribution format income statement for the most recent month is shown below:
Sales (7,800 units)
Total
$ 249,600
Per Unit
$ 32.00
Variable expenses
Contribution margin
Fixed expenses
Net operating income
Required:
148,200
101,400
19.00
$ 13.00
55,300
$ 46,100
(Consider each case independently):
1. What would be the revised net operating income per month if the sales volume increases by 70 units?
2. What would be the revised net operating income per month if the sales volume decreases by 70 units?
3. What would be the revised net operating income per month if the sales volume is 6,800 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: Sales (7,800 units) Total $ 249,600 Per Unit $ 32.00 Variable expenses Contribution margin Fixed expenses Net operating income Required: 148,200 101,400 19.00 $ 13.00 55,300 $ 46,100 (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 70 units? 2. What would be the revised net operating income per month if the sales volume decreases by 70 units? 3. What would be the revised net operating income per month if the sales volume is 6,800 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income
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