Question: Exercise 4-1 Preparing a Contribution Format Income Statement [LO1] White Limited's most recent income statement is shown below: Total Per Unit Sales (5,700 units) Variable

Exercise 4-1 Preparing a Contribution Format Income Statement [LO1] White Limited's

most recent income statement is shown below: Total Per Unit Sales (5,700

units) Variable expenses $250,800 $ 20 44 114,e00 Contribution margin 136,800 24

k Fixed expenses 118,800 $ 18,e00 Operating income Required: Prepare a new

Exercise 4-1 Preparing a Contribution Format Income Statement [LO1] White Limited's most recent income statement is shown below: Total Per Unit Sales (5,700 units) Variable expenses $250,800 $ 20 44 114,e00 Contribution margin 136,800 24 k Fixed expenses 118,800 $ 18,e00 Operating income Required: Prepare a new contribution format income statement under each of the following conditions (consider e 1. The sales volume increases by 280 units. White Limited tA Required: Prepare a new contribution format income statement under each of the following conditions (consider each case independently): 1. The sales volume increases by 280 units. White Limited Contribution Income Statement Total 2. The sales volume declines by 280 units. White Limited Contribution Income Statement Total 3. The sales volume is 4,950 units. White Limited Contribution Income Statement Total

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