Whirly Corporation's most recent income statement is shown below:
|
|
Total
|
Per Unit
|
|
Sales (8,300 units)
|
$
|
249,000
|
$
|
30.00
|
|
|
Variable expenses
|
|
149,400
|
|
18.00
|
|
|
|
|
|
|
|
|
|
Contribution margin
|
|
99,600
|
$
|
12.00
|
|
|
Fixed expenses
|
|
54,500
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income
|
$
|
45,100
|
|
|
|
|
|
|
|
|
|
|
|
|
Required:
Prepare a new contribution format income statement under each of the following conditions (consider each case independently):
1. The sales volume increases by 100 units.
2. The sales volume decreases by 100 units.
3. The sales volume is 7,300 units.