181/813 : YEAQ BG EC Mes EXERCISE 4-12 Using a Contribution Format Income Statement |LO1, L04 Kelly Company's most recent contribution format income statement is shown below: Per Unit Sales (60,000 unts). Variable expenses. Contrbution margin Fixed expenses Operating income. Total $600000 360000 240000 100000 $ 140,000 $10 6 $4 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 51 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%. EXERCISE 4-13 Missing Data: Basic Cost-Volume-Profit Concepts LOL. LO21 S niwan ituation below Fach case is independent