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le Edit View History Bookmarks People Window Help National University System-, x -My Grades-ACC604 Manage Xy D chapter 3 Homework Not Secure ezto.mheducation.com/hm.tpx repare a new contribution format income statement under each of the following conditions (consider ead . The sales volume increases by 80 units. Whirly Corporation Contribution Income Statement Total Per Unit s 278,120 34 19 15 Sales Variable expenses 155,420 122,700 $ Fixed expenses Net operating income 55,900 S 66,800 2. The sales volume decreases by 80 units. Whirly Corporation Contribution Income Statement Total Per Unit Sales Variable expenses Contribution margin Fixed expenses Net operating income S 278,120 278,120s 278,120

Solution

Answers

Working

TOTAL

Per unit

[A]

[B = A / 8180 units]

A

Sales

$                                     2,78,120.00

$                             34.00

B

Variable expenses

$                                     1,55,420.00

$                             19.00

C=A-B

Contribution margin

$                                     1,22,700.00

$                             15.00

D

Fixed expenses

$                                         55,900.00

E=C-D

Net Operating Income

$                                         66,800.00

Working

TOTAL

Per unit

[A]

[B = A / 8020 units]

A

Sales

$                                     2,72,680.00 [ 8020 x $34]

$                             34.00

B

Variable expenses

$                                     1,52,380.00 [ 8020 x $19]

$                             19.00

C=A-B

Contribution margin

$                                     1,20,300.00

$                             15.00

D

Fixed expenses

$                                         55,900.00

E=C-D

Net Operating Income

$                                         64,400.00

Working		TOTAL	Per unit
		[A]	[B = A / 8180 units]
A	Sales	$                                     2,78,120.00	$                             34.00
B	Variable expenses	$                                     1,55,420.00	$                             19.00
C=A-B	Contribution margin	$                                     1,22,700.00	$                             15.00
D	Fixed expenses	$                                         55,900.00
E=C-D	Net Operating Income	$                                         66,800.00