MacNeil Companys most recent contribution format income statement is show below:
Total Per Unit
Sales units $ $
Variable Expenses $ $
Contribution Margin $ $
Fixed Expenses $
Operating Income $
Prepare a new contribution format income statement under each of the following conditions consider
each case independently:
The number of units sold increase by
The selling price decreases by $ per unit and the number of units sold increase by
The selling price increases by $ per unit and the fixed expenses increase by $ and the
number of units sold decrease by
Variable expenses increase by cents per unit, the selling price increases by and the
number of units sold decreases by
