Exercise 5-13 (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5-4) 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 $ 300.000 245.000 122.000 47.000 $76.000 Per Unit $ 9.00 0.00 $ 200 + Required: (Consider each case independently 1. What is the revised net operating income if unit sales increase by 14%? 2. What is the revised net operating income if the selling price decreases by $140 per unit and the number of units sold increases by 19%? 3. What is the revised net operating income if the selling price increases by $1.40 per unit, foxed expenses increase by $10,000 and the number of units sold decreases by 7%? 4. What is the revised net operating income if the selling price per unit increases by 10% variable expenses increase by 30 cents per unit, and the number of units sold decreases by 6%? 3.00 Fixed expenses Net operating income WUU 47.000 $ 76,000 Required: (Consider each case independently) 1. What is the revised net operating income if unit sales increase by 14%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units so 19%? 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by the number of units sold decreases by 7%? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 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