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28. Re-create the income statements for weeks 1,2, and 3. Then, rearrange the cost components...

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28. Re-create the income statements for weeks 1,2, and 3. Then, rearrange the cost components and create a contribution margin incarne statement for weeks 1, 2 and 3. Enplain the similarinies and differences between the reports. Why does the contribution income statement format lend itseli to making better managerial decisions regarding price and volume profitability? Hint, if units in week 1 went up by 50 units, how mach would profit increase? Ey changing the volume So units, what asperts of the report changed as a result of a change in volume? 26 ONLY THOSE SECTONS THAT WERE AFFECTED ARE RFLEVANT TO MAKING DECISIONS WHEN EXCESS CAPACITY EXISTS. Contribution Income Statement Explain the similarities and differences between the reports. Why does the contribution income statement format lend itself to making better managerial decisions regarding volume? Hint: if units in week. 1 went up by 50 units, how much would profit increase? By changing the volume 50 units, what aspects of the report changed as a result of a change in volume? ONLY THOSE SECHONS THAT WERE AFFECTED ARE RELEVANT IO MAKING DECISIONS WHEN EXCESS CAPACITY EXISTS. 28. Re-create the income statements for weeks 1,2, and 3. Then, rearrange the cost components and create a contribution margin incarne statement for weeks 1, 2 and 3. Enplain the similarinies and differences between the reports. Why does the contribution income statement format lend itseli to making better managerial decisions regarding price and volume profitability? Hint, if units in week 1 went up by 50 units, how mach would profit increase? Ey changing the volume So units, what asperts of the report changed as a result of a change in volume? 26 ONLY THOSE SECTONS THAT WERE AFFECTED ARE RFLEVANT TO MAKING DECISIONS WHEN EXCESS CAPACITY EXISTS. Contribution Income Statement Explain the similarities and differences between the reports. Why does the contribution income statement format lend itself to making better managerial decisions regarding volume? Hint: if units in week. 1 went up by 50 units, how much would profit increase? By changing the volume 50 units, what aspects of the report changed as a result of a change in volume? ONLY THOSE SECHONS THAT WERE AFFECTED ARE RELEVANT IO MAKING DECISIONS WHEN EXCESS CAPACITY EXISTS

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