Question: 3 Miller Company's contribution format income statement for the most recent month is shown below. Sales (41,000 units) Variable expenses Contribution margin Fixed expenses Net

 3 Miller Company's contribution format income statement for the most recent

3 Miller Company's contribution format income statement for the most recent month is shown below. Sales (41,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 320,000 205,000 123.000 42.000 Per Unit 58.00 5.00 $3.00 + ces Required: (Consider each case independently 1. What is the revised net operating income if unit sales increase by 15%? 2. What is the revised net operating income of the selling price decreases by $1.20 per unit and the number of units sold increases by 16%? 3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $9.000, and the number of units sold decreases by 8%? 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 9%? 1 Net operating income 2 Not operating incomo 3 Net operating income 4 Not operating incomo

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