Question

Kelly Company’s most recent contribution format income statement is shown below:
Required:
Prepare a new contribution format income statement under each of the following conditions (consider each case independently):
1. The number of units sold increases by 30%.
2. The selling price decreases by $1 per unit, and the number of units sold increases by 20%.
3. The selling price increases by $1 per unit, fixed expenses increase by $20,000, and the number of units sold decreases by 10%.
4. Variable expenses increase by 60 cents per unit, the selling price increases by 15%, and the number of units sold decreases by 15%.


$1.99
Sales2
Views66
Comments0
  • CreatedJuly 08, 2015
  • Files Included
Post your question
5000