Answer:
Missing word "Required: Prepare a new contribution format Income Statement under each of the following conditions (consider each case independently): 1. The sale volume increases by 90 units. 2. The sales volume decreases by 90 units"
a. Contribution Income Statement
Total Per unit
Sales (8,790 units) $272,490 $31.00
Variable Expenses $175,800 $20.00
Contribution Margin $96,690 $11.00
Fixed Expenses $54,100
Net Operating Income $42,590
b. Contribution Income Statement
Total Per unit
Sales (8,610 units) $266,910 $31.00
Variable Expenses $172,200 $20.00
Contribution Margin $94,710 $11.00
Fixed Expenses $54,100
Net Operating Income $40,610
