Exercise $5-1$ The Effect of Changes in Activity on Net Operating Income $[$LO$5-1]$

Whirly Corporation's contribution format income statement for the most recent month is shown below:

Required:

$($Consider each case independently$)$:

What would be the revised net operating income per month if the sales volume increases by $80$ units?

What would be the revised net operating income per month if the sales volume decreases by $80$ units?

What would be the revised net operating income per month if the sales volume is $7,900$ units?

Exercise $6-4$ Basic Segmented Income Statement $[$LO$6-4]$

Royal Lawncare Company produces and sells two packaged products$-$Weedban and Greengrow. Revenue and cost information

relating to the products follow:

Common fixed expenses in the company total $$109,000$ annually. Last year the company produced and sold $43,000$ units of Weedban

and $20,500$ units of Greengrow.

Required:

Prepare a contribution format income statement segmented by product lines.