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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 278,120Explanation / Answer
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
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