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Whirly Corporation's contribution format income statement for the most recent month is shown below: Sales (7,800 units) Variable expenses Contribution margin Total $ 249,600 Per Unit $ 32.00 148,200 Fixed expenses Net operating income Required: (Consider each case independently): 101,400 55,300 $ 46,100 19.00 $13.00 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

Whirly Corporation's contribution format income statement for the most recent month is shown below: Sales (7,800 units) Variable expenses Contribution margin Total $ 249,600 Per Unit $ 32.00 148,200 Fixed expenses Net operating income Required: (Consider each case independently): 101,400 55,300 $ 46,100 19.00 $13.00 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
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Whirly Corporation's contribution format income statement for the most recent month is shown below: Sales (7,800 units) Variable expenses Contribution margin Total $ 249,600 Per Unit $ 32.00 148,200 101,400 19.00 $ 13.00 Fixed expenses Net operating income Required: (Consider each case independently): 55,300 $ 46,100 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) Variable expenses Contribution margin Total $ 249,600 Per Unit $ 32.00 148,200 101,400 19.00 $ 13.00 Fixed expenses Net operating income Required: (Consider each case independently): 55,300 $ 46,100 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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