Question
In: Accounting
Whirly Corporation’s most recent income statement is shown below: Total Per Unit Sales (7,200 units) $...
|
Whirly Corporation’s most recent income statement is shown below: |
| Total | Per Unit | ||||
| Sales (7,200 units) | $ | 237,600 | $ | 33.00 | |
| Variable expenses | 136,800 | 19.00 | |||
| Contribution margin | 100,800 | $ | 14.00 | ||
| Fixed expenses | 55,400 | ||||
| Net operating income | $ | 45,400 | |||
| Required: | |
|
Prepare a new contribution format income statement under each of the following conditions (consider each case independently): |
|
| 1. |
The sales volume increases by 40 units. |
| 2. |
The sales volume decreases by 40 units. |
| 3. |
The sales volume is 6,200 units. |
Solutions
ekkarill92 answered 1 year agoRelated Solutions
Whirly corporation most recent income statement is shown below: Total Per Unit Sales (7,600 units) 243,200...
Whirly corporation most recent income statement is shown
below:
Total Per Unit
Sales (7,600 units) 243,200 32.00
Variable Expenses 144,400 19.00
Contribution Margin 98,800
Fixed Expenses 55,300
Net Operating Income 43,500
Required:
Prepare a new contribution format income statement under each of
the following conditions (consider each case independently):
1. The sales volume increases by 60 units
2. The Sales Volume decreases by 60 units
3. The Sales Volume is 6,600
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per...
Whirly Corporation’s contribution format income statement for
the most recent month is shown below:
Total
Per Unit
Sales (7,200 units)
$
230,400
$
32.00
Variable expenses
136,800
19.00
Contribution margin
93,600
$
13.00
Fixed expenses
54,700
Net operating income
$
38,900
(Consider each case independently):
1. What would be the revised net operating income per month if
the sales volume increases by 80 units?
2. What would be the revised net operating income per month if
the sales volume decreases...
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per...
Whirly Corporation’s contribution format income statement for
the most recent month is shown below:
Total
Per Unit
Sales (7,700 units)
$
231,000
$
30.00
Variable expenses
154,000
20.00
Contribution margin
77,000
$
10.00
Fixed expenses
54,100
Net operating income
$
22,900
Required:
(Consider each case independently):
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...
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per...
Whirly Corporation’s contribution format income statement for
the most recent month is shown below:
Total
Per Unit
Sales (8,300 units)
$
282,200
$
34.00
Variable expenses
157,700
19.00
Contribution margin
124,500
$
15.00
Fixed expenses
54,300
Net operating income
$
70,200
Required:
(Consider each case independently):
1. What would be the revised net operating income per month if
the sales volume increases by 90 units?
2. What would be the revised net operating income per month if
the sales volume...
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per...
Whirly Corporation’s contribution format income statement for
the most recent month is shown below:
Total
Per Unit
Sales (7,500 units)
$
240,000
$
32.00
Variable expenses
150,000
20.00
Contribution margin
90,000
$
12.00
Fixed expenses
55,600
Net operating income
$
34,400
Required:
(Consider each case independently):
1. What would be the revised net operating income per month if
the sales volume increases by 80 units?
2. What would be the revised net operating income per month if
the sales volume...
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per...
Whirly Corporation’s contribution format income statement for
the most recent month is shown below:
Total
Per Unit
Sales (7,900 units)
$
244,900
$
31.00
Variable expenses
158,000
20.00
Contribution margin
86,900
$
11.00
Fixed expenses
54,100
Net operating income
$
32,800
Required:
(Consider each case independently):
1. What would be the revised net operating income per month if
the sales volume increases by 80 units?
2. What would be the revised net operating income per month if
the sales volume...
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per...
Whirly Corporation’s contribution format income statement for
the most recent month is shown below:
Total
Per Unit
Sales (8,200 units)
$
254,200
$
31.00
Variable expenses
155,800
19.00
Contribution margin
98,400
$
12.00
Fixed expenses
55,500
Net operating income
$
42,900
Required:
(Consider each case independently):
1. What would be the revised net operating income per month if
the sales volume increases by 50 units?
2. What would be the revised net operating income per month if
the sales volume...
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per...
Whirly Corporation’s contribution format income statement for
the most recent month is shown below:
Total
Per Unit
Sales (8,700 units)
$
304,500
$
35.00
Variable expenses
165,300
19.00
Contribution margin
139,200
$
16.00
Fixed expenses
55,800
Net operating income
$
83,400
Required:
(Consider each case independently):
1. What would be the revised net operating income per month if
the sales volume increases by 60 units?
2. What would be the revised net operating income per month if
the sales volume...
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per...
Whirly Corporation’s contribution format income statement for
the most recent month is shown below:
Total
Per Unit
Sales (8,900 units)
$
302,600
$
34.00
Variable expenses
169,100
19.00
Contribution margin
133,500
$
15.00
Fixed expenses
55,600
Net operating income
$
77,900
Required:
(Consider each case independently):
1. What would be the revised net operating income per month if
the sales volume increases by 60 units?
2. What would be the revised net operating income per month if
the sales volume...
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per...
Whirly Corporation’s contribution format income statement for
the most recent month is shown below:
Total
Per Unit
Sales (7,600 units)
$
258,400
$
34.00
Variable expenses
144,400
19.00
Contribution margin
114,000
$
15.00
Fixed expenses
54,400
Net operating income
$
59,600
Required:
(Consider each case independently):
1. What would be the revised net operating income per month if
the sales volume increases by 80 units?
2. What would be the revised net operating income per month if
the sales volume...
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