This one i was able to answer a few but the rest was wrong every time i input the answers so what you see filled in is what is correct so far i erased the rest any help would be appreciate plz?
Porter Company 's most recent contribution format income statement is shown below:
| |
Total |
Per Unit |
| Sales (35,000 units) |
$210,000 |
$6.00 |
| Variable expenses |
140,000 |
4.00 |
| |
| Contribution margin |
70,000 |
$2.00 |
| Fixed expenses |
45,000 |
| |
|
| Net operating income |
$ 25,000 |
|
Required:
Prepare a new contribution format income statement under each of the following conditions (consider each case independently): (Input all amounts as positive values except losses which should be indicated by a minus sign. Do not round intermediate calculations. Round your "Per unit" answers to 2 decimal places.)