Miller Company's contribution format income statement for the most recent month is shown below. Sales (35,000...
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Miller Company's contribution format income statement for the most recent month is shown below. Sales (35,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $175,000 70,000 105,000 42,000 $ 63,000 Required: (Consider each case independently): 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income Per Unit $5.00 2.00 $3.00 1. What is the revised net operating income if unit sales increase by 10%? 2. What is the revised net operating income if the selling price decreases by $1.20 per unit and the number of units sold increases by 25%7 3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 5%? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 11%? Miller Company's contribution format income statement for the most recent month is shown below. Sales (35,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $175,000 70,000 105,000 42,000 $ 63,000 Required: (Consider each case independently): 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income Per Unit $5.00 2.00 $3.00 1. What is the revised net operating income if unit sales increase by 10%? 2. What is the revised net operating income if the selling price decreases by $1.20 per unit and the number of units sold increases by 25%7 3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 5%? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 11%?
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1 2 Particulars Sales Variable Expense Contribution Fix... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date:
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