Simpson Inc.s most recent income statement is shown below:
Required:
Prepare a new income statement if the sales volume increases by units.
Prepare a new income statement if the sales volume decreases by units.Simpson Inc.s most recent income statement is shown below:
Total Per Unit
Sales units $ $
Less: Variable expenses
Contribution margin $
Less: Fixed expenses
Net income $
Required:
Prepare a new income statement if the sales volume increases by units.
Prepare a new income statement if the sales volume decreases by units.
Prepare a new income statement if the sales volume is units.
