FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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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 (8,600 units)
Variable expenses
Contribution margin
Fixed expenses
Net operating income
Required:
(Consider each case independently):
Total
$ 275,200
163,400
111,800
54,300
$ 57,500
1. What would be the revised net operating income per month if the sales volume increases by 30 units?
2. What would be the revised net operating income per month if the sales volume decreases by 30 units?
3. What would be the revised net operating income per month if the sales volume is 7,600 units?
1. Revised net operating income
2. Revised net operating income
3. Revised net operating income
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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 (8,600 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: (Consider each case independently): Total $ 275,200 163,400 111,800 54,300 $ 57,500 1. What would be the revised net operating income per month if the sales volume increases by 30 units? 2. What would be the revised net operating income per month if the sales volume decreases by 30 units? 3. What would be the revised net operating income per month if the sales volume is 7,600 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income
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