# Porter Companys 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 15%. 2. The selling price decreases by 50 cents per unit, and the number of units sold increases by 20%. 3. The selling

Chapter 6, Exercises #12
Porter 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 15%.
2. The selling price decreases by 50 cents per unit, and the number of units sold increases by 20%.
3. The selling price increases by 50 cents per unit, fixed expenses increase by \$10,000, and the number of units sold decreases by 5%.
4. Variable expenses increase by 20 cents per unit, the selling price increases by 12%, and the number of units sold decreases by10%.

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