Question

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EXERCISE 5-17 Using a Contribution Format Income Statement LOL,
Porter Company's most recent contribution format income statement is shown below:
Total
Per Unit
S5
$150.000
90,000
3
Sales (30,000 units)
Variable expenses
Contribution margin
Fixed expenses
Net operating income
60,000
50.000
118
$ 10.000
Required:
Prepare a new contribution format income statement under each of the following conditions (con
sider each case independently):
1. The number of units sold increases by 15%.
2. The selling price decreases by 50 cents per unit, and the number of units sold increases
20%
3 The selling price increases by 50 cents per unit, fixed expenses increase by $10,000, and
number of units sold decreases by 5%
Variable expenses increase by 20 cents per unit, the selling price increases by 12%, and
number of units sold decreases by 10%.
EXERCISE 5-18 Missing Data; Basic CVP Concepts LOI, L09]
mounts in each of the eight case situations below. Each case is independen
unts would be to prepare a contribution for
items.)​

Answer 1

Answer:

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Answer 2

Answer:

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Explanation:

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