Homework week 2.docx - 1 HOMEWORK Homework Week 2 Vanna Ellis ACC515 Professor Benson 2 HOMEWORK 5\u20131 Prepare a new contribution format income

Homework week 2.docx - 1 HOMEWORK Homework Week 2 Vanna...

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1 HOMEWORK Homework Week 2 Vanna Ellis ACC515 Professor Benson January 26, 2019
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2 HOMEWORK 5–1 Prepare a new contribution format income statement under each of the following conditions (con- sider each case independently): 1. The sales volume increases by 100 units. Sales (10,100) $354,510 $35.10 Variable Expenses -$202,000 -$20.00 Contribution Margin $152,510 $15.10 Fixed Expenses $135,000 Net Operating Income $17,510 2. The sales volume decreases by 100 units. Sales (9,900) $347,490 $35.10 Variable Expenses -$198,000 -$20.00 Contribution Margin $149,490 $15.10 Fixed Expenses $135,000 Net Operating Income $14,490 3. The sales volume is 9,000 u Sales (9,000) $315,900 $35.10 Variable Expenses
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