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Coller Company's most recent contribution format income shown below. Total Per Unit Sales (20,000 units) Less: Variable expenses Contribution margin Less: Fixed expenses Net operating income P300,000 180,000 P15.00 9 00 P 6.00 P120,000 70,000 P 50,000

Coller Company's most recent contribution format income shown below. Total Per Unit Sales (20,000 units) Less: Variable expenses Contribution margin Less: Fixed expenses Net operating income P300,000 180,000 P15.00 9 00 P 6.00 P120,000 70,000 P 50,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Please answer 3&4. Please refer to the first photo given to answer. Thank you!

Coller Company's most recent contribution format income statement is shown below. Total Per Unit Sales (20,000 units) Less: Variable expenses Contribution margin Less: Fixed expenses Net operating income P300,000 P15.00 9.00 180,000 P120,000 P 6.00 70,000 P 50.000 Required: Prepare a new contribution format income statement under each of the following conditions (consider each case independently): 1. The sales volume increases by 15%. 2 The selling price decreases by P1.50 per unit, and the sales volume increases by 25%. 201
Transcribed Image Text:Coller Company's most recent contribution format income statement is shown below. Total Per Unit Sales (20,000 units) Less: Variable expenses Contribution margin Less: Fixed expenses Net operating income P300,000 P15.00 9.00 180,000 P120,000 P 6.00 70,000 P 50.000 Required: Prepare a new contribution format income statement under each of the following conditions (consider each case independently): 1. The sales volume increases by 15%. 2 The selling price decreases by P1.50 per unit, and the sales volume increases by 25%. 201
P20,000, and the sales volume decreases by 5%. 4. The selling price increases by 12%, variable expenses increase by Poso per unit, and the sales volume decreases by 10%. 202
Transcribed Image Text:P20,000, and the sales volume decreases by 5%. 4. The selling price increases by 12%, variable expenses increase by Poso per unit, and the sales volume decreases by 10%. 202
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