Exercise $2-13($Algo$)$ Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total

Fixed Costs $[$LO$2-1,$ LO$2-4]$

Miller Company's contribution format Income statement for the most recent month is shown below:

Requlred:

$($Consider each case Independently$)$:

What Is the revised net operating Income If unit sales Increase by $15\%?$

What is the revised net operating Income if the selling price decreases by $$1\mathrm{.}20$ per unit and the number of units sold

Increases by $18\%?$

What Is the revised net operating Income if the selling price Increases by $$1\mathrm{.}20$ per unit, fixed expenses increase by

$$10,000,$ and the number of units sold decreases by $2\%?$

What is the revised net operating Income if the selling price per unit Increases by $20\%,$ varlable expenses Increase

by $20$ cents per unit, and the number of units sold decreases by $13\%?$