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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 398 Weeks Ago, 1 Day Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
White Limited’s most recent income statement is shown below:
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|
 |
Total |
Per Unit |
|
Sales (6,000 units) . . . . . . . . . . . . . . . . . . . . |
$312,000 |
$52.00 |
|
Variable expenses . . . . . . . . . . . . . . . . . . . . . |
 216,000 |
 36.00 |
|
Contribution margin. . . . . . . . . . . . . . . . . . . |
96,000 |
$16.00 |
|
Fixed expenses. . . . . . . . . . . . . . . . . . . . . . . . |
84,000 |
 |
|
Operating income . . . . . . . . . . . . . . . . . . . . . |
$ 12,000 |
 |
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Required:
Prepare a new contribution format income statement under each of the following conditions (consider each case independently):
1.              The sales volume increases by 200 units.
2.              The sales volume declines by 200 units.
3.              The sales volume is 5,250 units.
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