Question: A company's contribution format income statement for the most recent month is shown below: 2 Total Sales (36,000 units) $252,000 Variable expenses 144,000 Contribution margin
A company's contribution format income statement for the most recent month is shown below: 2 Total Sales (36,000 units) $252,000 Variable expenses 144,000 Contribution margin 108,000 Fixed expenses 44,000 Net operating income $ 64,000 Per Unit $7.00 4.00 $3.00 What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 8%
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