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Using a Contribution Format Statement Porter Company's most recent contribution format income statement is shown below.

Total Per Unit

Sales (30,000 units) = $150,000 $5

Variable expenses = 90,000 3

Contribution Margin = 60,000 $2

Fixed expenses = 50,000

Net Operating income.=$10,000

Question- Prepare a new contribution statement under each of the following conditions. Consider each case independently.

1. The number of units sold increases by 10%

2. The selling price decreases by 50 cents per unit, and the number of units sold increase by 20%

3.The selling price increases by 50 cents per unit, fixed expenses increase by 10,000, and the number of units sold decreases by 5%.

4. Variable expenses increase by 20 cents per unit, the selling price increases by 12%, and the number of units sold decreases by 10%.

Hi Thank you so much for your time! I truly appreciate it. I however realized I made a mistake in wording the very first question. Instead of 10%, it was 15% in this case would the numbers look something like this?

sales= 172,500

variable expenses= 103,500

CM= 69,000

Fixed expenses=50,000

NOI= 19,000

Thank you again for all your help!