Chapter 5 - Homework 2 - Algorithmic i Saved Help Save & Exit Submit Check my work 4 Exercise 5-13 (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5-4) 60 points Miller Company's contribution format income statement for the most recent month is shown below: Sales (34,000 units) Variable expenses Contribution margin Fixed expenses Net operating income eBook Total $ 238,000 136,000 102,000 43,000 $ 59,000 Per Unit $ 7.00 4.00 $ 3.00 00 Hint Required: (Consider each case independently): Print References 1. What is the revised net operating income if unit sales increase by 18%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 23%? 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $6,000, 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 20%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 6%? 1. Net operating income 2. Net operating Income 3. Net operating income 4. Net operating income