Exercise 5-1 The Effect of Changes in Activity on Net Operating Income (LO5-1] Whirly Corporation's contribution format income statement for the most recent month is shown below: Total $ 290,500 157,700 132,800 55,200 $ 77,600 Per Unit $ 35.00 19.00 $ 16.00 Sales (8,300 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: (Consider each case independently 1. What would be the revised net operating income per month if the sales volume increases by 80 units? 2. What would be the revised net operating income per month if the sales volume decreases by 80 units? 3. What would be the revised net operating income per month if the sales volume is 7,300 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income Prey 1 of 11 Next > MacBook Pro D G Search or type URL # $ A * & 2 3 4 6 7 8 9 W E R T Y Y us