Whirly Corporation’s most recent income statement is shown below:

Required:

Prepare a new contribution format income statement under each of the following conditions (consider each case independently):

1. The sales volume increases by 100 units.

2. The sales volume decreases by 100 units.

3. The sales volume is 9,000 units.

Total Per Unit Sales (10,000 units) $350,000 $35.00 Variable expenses 200,000 20.00 Contribution margin $15.00 150,000 Fixed expenses 135,000 $ 15,000 Net operating income