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Prepare a contribution format income statement

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See problem attached.

Income Statement:

Total Per Unit
Sales (7,900 units) $207,770 $26.3
Variable expenses 138,250 17.5
Contribution margin 69,520 $8.8
Fixed expenses 54,300
Net operating income $15,220

Prepare a new contribution format income statement under each of the following conditions (consider each case independently):

Requirement 1:
The sales volume increases by 60 units.
Total
Sales $
Variable expenses
Contribution margin
Fixed expenses
Net operating income $

Requirement 2:
The sales volume declines by 60 units.
Total
Sales $
Variable expenses
Contribution margin
Fixed expenses
Net operating income $

Requirement 3:
The sales volume is 6,900 units.
Total
Sales $
Variable expenses
Contribution margin
Fixed expenses
Net operating income(loss) $

Many thanks

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https://brainmass.com/economics/income-distribution/prepare-contribution-format-income-statement-230804

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This solution helps prepare a contribution format income statement.

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